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10 Lines on Globalization in English | 5 Lines on Globalization in English | Few Important Lines on Globalization in English

 

10 Lines on Globalization in English | 5 Lines on Globalization in English | Few Important Lines on Globalization in English
10 Lines on Globalization in English | 5 Lines on Globalization in English | Few Important Lines on Globalization in English


Do you want to read 10 Lines on Globalization in English for kids and children? Then You are at the right place. Here you will read 10 Lines on Globalization in English and also 5 lines on Globalization in English language. If you have been given an assignment from school to write 10 lines on Globalization in english or 5 lines on Globalization in english then you can refer to the points given in the below article.

We have also created many such 10 Lines articles on our website for easy access to students of all classes.


10 Lines on Globalization in English Details

Material

10 Lines on Globalization /5 Lines on Globalization

Language

English

For

Students of any Class 1-12

Format

Text

Provider

Sheni Blog


10 Lines on Globalization in English

Students who are looking for 10 lines on Globalization in english then you can refer to the 10 lines written about Globalization below:

1) Globalization refers to the process by which people and nations interact and conduct various activities helpful in trade, business and cultural integration.

2) Globalization can be classified in to three types – economical, political and social globalization.

3) Economical globalization is the process of creating interdependency among the nations through the movement of goods, services, technology and capital.

4) The exposure of trade activities benefits the nations in reducing poverty and increasing employment opportunities.

5) Economical globalization gives an opportunity to the underdeveloped and developing nation to join the group of developed nation.

6) It also leads to the innovation of new technologies resulting in further business growth and improved standard of living.

7) Economical globalization might also leads to the exploitation of work force in under developed economies.

8) Around 21% of rich nations are believed to exploit about 90% of the earth’s natural resources which has widened the gap between rich and poor.

9) Social Globalization helps in transferring ideas and values in order to strengthen social relationship across nations through sports, music and arts.

10) Political globalization is the platform where government and civil societies discuss the issues concerning the world, like UN (United Nations).



5 Lines on Globalization in English

Students who are looking for 5 lines on Globalization in english then you can refer to the 5 lines written about Globalization below:

1) Former Prime Minister Dr. Manmohan Singh in 1991 initiated the globalization movement by framing the economic policies for India.

2) Globalization has also benefited India as it has improved the nation’s economic development process through foreign direct investments.

3) The primary aim of globalization in India was to prepare the country for more service-oriented economy through expansion of private investment.

4) Internet is playing major role in globalization by sharing of knowledge and information.

5) Internet has also connected people across the globe through social media platforms.



Few Important Lines on Globalization in English

Also, these are few important lines on Globalization in English if any students require them.

6) People have also opposed globalization as they presume that it might bring back the colonial era through foreign direct exchange.

7) Opponents of globalization also believe that corporate can affect the political decision making which might threaten the integrity of nation.

8) Environmental concern like major deforestation on the cost of setting up the industries and factories is a major disadvantage of globalization.

9) It is also believed that globalization might also destroy the culture of a nation as younger generations are more attracted towards the western culture.

10) WTO (World Trade Organization), International Monetary Fund (IMF), World Bank, G-8 Nations and World Economic Forum serve as a platform to discuss issues related to global economy.



How to Find 10 Lines on Globalization in English or 5 Lines on Globalization in English?

  1. Visit our website Sheni Blog.
  2. Now search for the main 10 Lines articles.
  3. Once on the main page search for the particular topic i.e Globalization.
  4. Click on the 10 Lines on Globalization in English page for complete assignment.

Conclusion on 10 Lines on Globalization in English

Hope you liked our post on 10 lines on Globalization in english. If so, Don’t forget to share it with your fellow classmates. Thank you so much for using this website. If you have any suggestions regarding the content published on this page. Don’t bother to let me know in the comments.


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Students on any class can get 5 lines on Globalization in english on this page above.
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