6.Globalisation and Social Change
Globalisation fundamentally alters social structures, influencing culture, economy, and personal lives in India. The chapter examines the multifaceted dimensions of globalisation, including its historical context, particularly from the colonial period to independent India, while emphasizing the socio-economic impacts on various demographics. It discusses both opportunities and challenges posed by global interconnectedness, particularly through economic liberalisation and cultural exchanges.
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What we have learnt
- Globalisation connects diverse cultures, economies, and social structures, influencing everyday life.
- The effects of globalisation can vary greatly among different societal groups, leading to both opportunities and crisis.
- Historical interconnections suggest that globalisation is not a new phenomenon, but its scale and scope have intensified in recent decades.
Key Concepts
- -- Globalisation
- The process of increasing interdependence among countries through economic, cultural, and political exchange.
- -- Liberalisation
- Policies initiated in India since 1991 aimed at opening up the economy to global markets, removing restrictions on trade and investment.
- -- Glocalisation
- The blending of global and local cultures, where international strategies are adapted to fit local contexts and traditions.
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