globalisation project report displayed overview

project on globalisation

1. GLOBALISATION BY: - Mahwesh Jawaid B.Ed 1 st Semester Roll no:- 31 Guided by:- Ravi Sir

2. Abstracts Globalisation means different things to different people’s a general definition is the increasing movement of information, material & people across borders. It is used to describe how trade& technology have made the world into a more connected and interdependent place. Globalisation also captures in its scope the economic and social changes that have come about as a result. It is magnified by the increase in interaction between peoples around the world that involves sharing of ideas, cultures, goods, services and investment. In shorts it is the way people all over the earth interact with one another in terms of economics, politics, and culture.

3. INTRODUCTION Although globalization is generally understood to mean integration of the economy of the country with the world economy, it is a complete phenomenon. It is an outcome of the set of various policies that are aimed at transforming the world towards greater independence and integration. It involves creation of network and activites transeeding economics social and geographical boundaries. Globalisation attempts to establish link in such a way that the happening in India can be influenced by events happening miles away. It is turning the world into one whole or creating a borderless world.

4. Objectives :- To promote economic growth and development by expanding markets, increasing trade and attracting foreign direct investment To enable countries to access new markets, technologies and resources landing to increased productivity and higher living standards. To promote free trade by reducing barrier such as tariffs, quotas and trade restriction. To promote environmental sustainability and to promote responsible and sustainable practices. To promote the efficient allocation of resources globally. To encourage countries to specialize in producing good and services in which they have a comparative advantage.

5. -:Globalisation Of Indian economy:- Indian economy adopted the policy of restriction after the independence. But in 1991 due to the economic crises the government of India decided to open it’s market for the foreign investment. The new economic policies adopted had impact on every sector oof the Indian economy. However, economic unification is the main factor that contributes maximum to a country’s economy into an international economy .   It has significantly changed several aspects of the country, including cultural, social, political, and economical.

6. -:DIMENSION OF GLOBALISATION:- Economic Globalisation Political Globalisation Technological globalisation Financial Globalisation

7. Methodology Descriptiv e

8. Result and discussion Positive Impact :- Economic liberalisation Technological Advancement Trade Liberalisation Outsourcing Cultural Exchange

9. Negative Impact:- Unequal economic Job displacement Vulnerability to Global economic shocks Adverse Impact on domestic Environmental degradation

10. Conclusion Globalisation has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges. In the 1970’s world economics opened up and development of free trade policies accelerated the globalisation phenomenon. Socially, globalisation has facilitated the exchange of ideas and cultures, contributing to a world view in which people are more and tolerant of one another.

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