Question : Statement 1: Positive aspects of globalization include increased cultural exchange and diversity.
Statement 2: Negative aspects of globalization include reduced access to global markets.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, and statement 2 is false.
Option 4: Statement 1 is false, and statement 2 is true.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 is true: Globalization has facilitated increased cultural exchange and diversity. It has allowed for the spread of ideas, values, and traditions across borders, leading to greater intercultural understanding and appreciation.
Statement 2 is true: Negative aspects of globalization can include reduced access to global markets for certain countries or regions. Globalization can lead to uneven distribution of benefits, where some countries or industries may face challenges in accessing global markets due to various barriers such as tariffs, non-tariff barriers, and market distortions.
Question : Statement 1: Positive aspects of globalization include increased access to foreign markets and technologies.
Statement 2: Negative aspects of globalization include cultural homogenization and job losses in certain
Question : Statement 1: Globalization promotes cultural diversity and exchange.
Statement 2: Negative aspects of globalization include the spread of infectious diseases
Question : Statement 1: The process of globalization has produced only positive results for India.
Statement 2: Market-driven globalization reduces the economic disparities among nations and people.
Question : Statement 1: Globalization refers to the increasing integration of economies and societies worldwide.
Statement 2: Globalization promotes the localization of economic activities.
Statement 2: Globalization promotes the decentralization of economic activities.
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