Teacher Text provides all Teacher textbooks for STD 1,2,3,4,5,6,7,8,9,10,11 & 12.

Thursday, October 20, 2022

10 Lines on Globalization | 5 Lines on Globalization | Few Important Lines on Globalization in English

10 Lines on Globalization | 5 Lines on Globalization | Few Important Lines on Globalization in English
10 Lines on Globalization | 5 Lines on Globalization | Few Important Lines on Globalization in English

 

10 Lines on Globalization/ 5 Lines on Globalization/ Few Important Lines on Globalization in English: Students in various classes are looking for 10 Lines on Globalization in english. Here in this article we will provide 10 Lines on Globalization, 5 Lines on Globalization and Few Important Lines on Globalization in English. These 10 Lines on Globalization are important If you have been given an assignment from school to write 10 lines on Globalization in English or 5 lines on Globalization in English then you can refer to the points given in the below article.


10 Lines on Globalization Details

We are providing below 10 Lines on Globalization in English. These 10 Lines on Globalization have been written in simple language, yet emphasis has been made to elaborate on every aspect of the Globalization.

Topic

Globalization

Material

10 Lines on Globalization /5 Lines on Globalization/Few Lines on Globalization

Language

English

For

Students of any Class 1-12

Format

Text

Provider

Teacher Text


How to Find 10 Lines on Globalization in English or 5 Lines on Globalization in English?

  1. Visit our website Teacher Text.
  2. Now search for the main 10 Lines articles.
  3. Once on the main page search for the particular topic i.e Globalization.
  4. Click on the 10 Lines on Globalization in English page to complete your assignment.

10 Lines on Globalization in English

Students of any class who are looking for 10 Lines on Globalization in english can refer to the 10 lines about Globalization in below points:


  1. Globalization refers to the process by which people and nations interact and conduct various activities helpful in trade, business and cultural integration.
  2. Globalization can be classified in to three types – economical, political and social globalization.
  3. Economical globalization is the process of creating interdependency among the nations through the movement of goods, services, technology and capital.
  4. The exposure of trade activities benefits the nations in reducing poverty and increasing employment opportunities.
  5. Economical globalization gives an opportunity to the underdeveloped and developing nation to join the group of developed nation.
  6. It also leads to the innovation of new technologies resulting in further business growth and improved standard of living.
  7. Economical globalization might also leads to the exploitation of work force in under developed economies.
  8. Around 21% of rich nations are believed to exploit about 90% of the earth’s natural resources which has widened the gap between rich and poor.
  9. Social Globalization helps in transferring ideas and values in order to strengthen social relationship across nations through sports, music and arts.
  10. Political globalization is the platform where government and civil societies discuss the issues concerning the world, like UN (United Nations).

5 Lines on Globalization in English

Students of any class who are looking for 5 Lines on Globalization in english can refer to the 10 lines about Globalization in below points:

  1. Former Prime Minister Dr. Manmohan Singh in 1991 initiated the globalization movement by framing the economic policies for India.
  2. Globalization has also benefited India as it has improved the nation’s economic development process through foreign direct investments.
  3. The primary aim of globalization in India was to prepare the country for more service-oriented economy through expansion of private investment.
  4. Internet is playing major role in globalization by sharing of knowledge and information.
  5. Internet has also connected people across the globe through social media platforms.

Few Important Lines on Globalization in English

Also, these are a few important lines on Globalization in English if any students require them.


  1. People have also opposed globalization as they presume that it might bring back the colonial era through foreign direct exchange.
  2. Opponents of globalization also believe that corporate can affect the political decision making which might threaten the integrity of nation.
  3. Environmental concern like major deforestation on the cost of setting up the industries and factories is a major disadvantage of globalization.
  4. It is also believed that globalization might also destroy the culture of a nation as younger generations are more attracted towards the western culture.
  5. WTO (World Trade Organization), International Monetary Fund (IMF), World Bank, G-8 Nations and World Economic Forum serve as a platform to discuss issues related to global economy.

More Details about Globalization


Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialization), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world. Its origins can be traced back to 18th and 19th centuries due to advances in transportation and communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and international diplomacy are also large parts of the history of globalization, and of modern globalization.

Economically, globalization involves goods, services, data, technology, and the economic resources of capital. The expansion of global markets liberalizes the economic activities of the exchange of goods and funds. Removal of cross-border trade barriers has made the formation of global markets more feasible. Advances in transportation, like the steam locomotive, steamship, jet engine, and container ships, and developments in telecommunication infrastructure, like the telegraph, Internet, mobile phones, and smartphones, have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe.

Though many scholars place the origins of globalization in modern times, others trace its history to long before the European Age of Discovery and voyages to the New World, and some even to the third millennium BCE. Large-scale globalization began in the 1820s, and in the late 19th century and early 20th century drove a rapid expansion in the connectivity of the world's economies and cultures. The term global city was subsequently popularized by sociologist Saskia Sassen in her work The Global City: New York, London, Tokyo (1991).

In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge. Globalizing processes affect and are affected by business and work organization, economics, sociocultural resources, and the natural environment. Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.


FAQs Regarding 10 Lines on Globalization in English | 5 Lines on Globalization in English


How to find 10 lines on Globalization in English??

Students of any class can find 10 lines on Globalization in English from the above article.

How to find 5 lines on Globalization in English?

Students of any class can find 5 lines on Globalization in english from the above article.
Share:

0 comments:

Post a Comment

Copyright © Teacher Text: SCERT Kerala Teachers Hand Books for All Classes About | Contact | Privacy Policy