Unit 4 Ch 4 : Globalization and the Indian Economy — Social Studies STD 10 — Question

Recent studies point out that small producers in India need three things to compete better in the market:

1. Better roads, power, water, raw materials, marketing and information network.
2. Improvements and modernisation of technology.
3. Timely availability of credit at reasonable interest rates.

• Can you explain how these three things would help Indian producers?
• Do you think MNCs will be interested in investing in these? Why?
• Do you think the government has a role in making these facilities available? Why?
• Can you think of any other step that the government could take? Discuss.

What role can the government play in order to ensure a fair globalisation?

OR

Explain how globalisation can be made fairer.

A worker in an urban area, who was working in a small factory, was not paid his wages properly, he was forced to work extra hours under poor working conditions, there was no job security, recently he lost his job and was found selling electrical items in a pushcart.
 Analyze the role of the government in protecting the workers working in an Unorganized sector.

What can be done by each of the following so that the workers can get a fair share of benefits brought by globalisation? (any three)

1. government.
2. employers at the exporting factories.
3. MNCs.
4. workers.

Who are producers and consumers?

Give any three examples of different types of exploitation in the market.

What is a trade barrier? Why did the Indian Government put up trade barriers after Independence? Explain.

Which sector has been the highest growth in term of output in recent 40 years? Discuss its three characteristics.

"For development, people look at a mix of goals". Support the statement with three suitable examples.