7. Globalisation
Globalisation is a multidimensional concept that encompasses political, economic, and cultural aspects. The chapter explores its implications, focusing on how globalisation affects and is influenced by various entities, particularly highlighting India's position in this global narrative. Additionally, it sheds light on the resistance movements against globalisation, which critically evaluate its effects on local cultures and economies.
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What we have learnt
- Globalisation is not limited to economic interactions but also involves cultural and political dimensions.
- The impact of globalisation is uneven across different societies, leading to both opportunities and challenges.
- Resistance to globalisation takes various forms, reflecting concerns about cultural homogenisation and economic disparity.
Key Concepts
- -- Globalisation
- The process by which businesses or other organizations develop international influence or start operating on an international scale, involving the flow of ideas, capital, commodities, and people.
- -- Cultural Homogenisation
- The process by which local cultures become more similar to one another, often as a result of the influence of a dominant culture, typically associated with globalization.
- -- Economic Globalisation
- The increasing economic interdependence among countries through increasing volume and variety of cross-border transactions in goods and services, technology, and capital.
- -- Resistance to Globalisation
- Varied movements and actions taken by individuals and groups to counteract the negative impacts of globalization on local cultures, economies, and social structures.
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