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Social Science · 2023 · 5 marks
CBSE 2023 · Region 1 · Set 2 · Q33
How is globalization a multi-dimensional concept? Explain.How is production organized in different countries in globalization? Explain.
How is globalization a multi-dimensional concept? Explain.
How is production organized in different countries in globalization? Explain.
Marking-scheme solution
(a)How
is
globalization
a
multi-dimensional
concept?
Explain.
The dimensions of globalization are economic, political,
cultural and ecological.
(ii) Globalisation is a flow connecting integration of
technology investment, goods and services.
(iii) Liberalisation of foreign trade has resulted in removal
of trade barriers and Special Economic Zones (SEZ),
Foreign
Direct
Investment(FDI),
disinvestment,
privatisation etc. have been started.
(iv) Deregulation and openness of foreign trade and foreign
investment vests with the political domain.
(v) Working of MNCs at national and international levels
has also promoted globalisation across borders.
(vi) Greater choices have been provided to the consumers
with improved quality and lower prices.
(vii) Higher standards of living and better quality of life.
(viii) Spread of new technologies, technical production
methods and production standards have been improved.
(ix) Working with WTO and IMF has become possible due to
globalisation.
(x) Foreign trade has resulted in connecting markets and
integration with different countries.
(xi) Cultural relations with other countries have improved
due to globalization.
(
OR
(b) How is production organized in different countries in
globalization? Explain.
(i) MNCs are playing a major role in the globalization
process.
(ii) MNCs own or control production in more than one
nation.
(iii) MNCs set up offices and factories for production in
regions where they can get cheap labour and other
resources.
MNCs setup production jointly with some of the
local companies of other countries.
(v) Large MNCs place order for production with small
producers
under
their
own
brand
names
and
determine quality, price etc.
MNCs setup production where it is close to market,
skilled and unskilled labour and other factors of
production.
(vii) Goods and services are produced globally. As a
result, production is organized in increasingly complex
way.
(viii) The production process is divided into small parts
and spread out across the globe.
Case Based Questions
CBSE Class 10 Social Science past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.