What are the political consequences of Globalisation Class 12?

What are the political consequences of Globalisation Class 12?

Political Consequences

• Globalisation results in an erosion of state capacity i.e. by reducing the ability of government to do what they want to do.
• It gives way to a more minimalist state that performs certain core functions such as the maintenance of law and order, and the security of its citizens.

How is the impact of Globalisation visible on consumers?

Across the studies covered by this paper it was found that the impact of globalization on the food behaviour of consumers is visible in such behaviour as buying food in supermarkets, eating in fast food restaurants, looking for both comfort in eating and unique experiences.

What are the negative impacts of Globalisation on India?

There are some negative impact of globalization such as this process made disparity between rural and urban Indian joblessness, growth of slum capitals and threat of terrorist activities. Globalization increased competition in the Indian market between the foreign companies and domestic companies.

What are the limitations of globalization?

While it can benefit nations, there are also several negative effects of globalization. Cons of globalization include: Unequal economic growth. While globalization tends to increase economic growth for many countries, the growth isn’t equal—richer countries often benefit more than developing countries.

What are the effects of globalization to the government?

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures.

What are the negative impacts of globalization on India?

The negative Effects of Globalization on Indian Industry are that with the coming of technology the number of labor required decreased and this resulted in many people being removed from their jobs. This happened mainly in the pharmaceutical, chemical, manufacturing, and cement industries.

What is globalization in terms of economy?

Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.

What are the economic political and cultural effects of globalization?

In politics scope, globalization has had many negative and positive consequences such as; increase power and liberty of nations, groups and nongovernmental parties, expand of new political culture, weaken and washy of the role and hegemony of states in illegitimate controlling of nations, change and redefinition of …

What are the positive impacts of Globalisation in India?

Boost to Indian Companies : Now the private sector is free to import raw material and technology from other countries. Many restrictions on the import and exports have been lifted. Globalisation has enabled some large Indian companies to emerge as multinational companies themselves.