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10. GLOBALISATION



                     1 MARK QUESTION & ANSWERS

               1. What is flow of labour? (AS1)
                  A. Migration of people in search of employment is called flow of labour.
               2. What is Globalisation? (AS1)                                     lesson related videos
                  1. Globalisation is the process of rapid integration of countries.
                  2. Globalisation is a major change in the late 20th century.
               3. What is Arab Spring? (AS1)
                  1. A civil war started by the people to uprooting of dictators in Tunisia.
                  2. Tunisia and Egypt were influenced by each other’s revolutions. It
                     was called as ‘Arab Spring’.
               4. What is an indentured labourer?
                  1. An indentured labourer is a bonded  labourer  under contract to
                     work for an employer for a specific amount of time, to pay off his
                     passage to a new country or home.
                  2. Indian indentured  migrants went to the Caribbean  islands,
                     Mauritius, Fiji. Malaya, Ceylon etc.
               5. Expand MNC. (AS1)
                  A. Multi-National Corporations.
               6. Expand IMF. (AS1)
                  A. International Monitory Fund.                                     Going to school
               7. What are trade barriers? (AS1)
                  1. Tax on imports is an example of trade barrier.
                  2. The Indian government, after Independence, had put barriers to
                     foreign trade and foreign investment.
               8. When were the barriers on foreign trade and investment
                  removed? (AS1)
                  A. The barriers on foreign trade and investment removed after 1991.
               9. What is Foreign trade? (AS1)
                  1. Trade between two or more countries.
                  2. It helps in connecting the markets of different countries.
               10. What is foreign investment? (AS1)                                  School entrance
                  A. The money that MNCs spent to buy assets is called foreign
                     investment.
               11. Why do governments try to attract foreign investments? (AS1)
                  1. More foreign investment helps to increase the economic activities.
                  2. This helps in employment generation.
               12. What are the benefits of the foreign trade. (AS1) the economic activities.
                                 More foreign investment helps to increase
                  1. Foreign trade creates an opportunity for the producers to reach
                     beyond the domestic markets.                                      In classroom
                  2. Foreign trade connects the markets globally.
               13. Give examples to Telecommunication facilities. (AS1)
                  A. Computers,  internet, telegraph, mobile phones, fax, e-mail and voice-
                     mail has been facilitated by satellite communication devices.
               14. Give examples for the Indian MNCs. (AS1)
                  A. Tata Motors (automobiles), Infosys (IT), Ranbaxy (medicines),
                     Asian Paints (paints), Sundaram Fasteners (nuts and bolts).
               15. What is International migration? (AS1)
                  1. Migration of the people from one country to other country is called
                     “international migration”. Migrants should have Visa and Passport.
                                 “international migration”. Migrants should have Visa and Passport.  Teacher at board

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