Unit 4 Ch 1 : Development — Social Studies STD 10 — Question

How are MNCs spreading their production across the globe?

Describe the vital and positive role of credit.

How does money solve the problem of double coincidence of wants? Explain with an example.

Why is the secondary sector also called industrial sectors?

Compare the employment conditions prevailing in the organised and unorganised sectors.

Why are rules and regulations required in the marketplace? Illustrate with a few examples.

"Consequences of environmental degradation do not respect national or state boundaries." Support the statement with examples.

Examine any three conditions which should be taken care of by multinational companies to set up their production units.

Explain some of the important ideas of the above section in your own words.

Read the passage on the left and answer the questions.
Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27, 000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.
What is foreign investment? How much did Ford Motors invest in India?