Q1. [5] § THE STRUGGLE FOR A FAIR GLOBALISATION
⚠ Globalisation and the Indian Economy › THE STRUGGLE FOR A FAIR GLOBALISATION — Internal project only — not in the Board exam (per CBSE 2026-27 curriculum)
Only 'What is Globalisation?' and 'Factors that have enabled Globalisation' are in the Board exam; the remaining sub-topics are the internally-assessed interdisciplinary project. [source: Course Structure — Economics, Chapter 4 (Subtopics evaluated in Board)]
Assess, how globalization has touched the lives of larger society.
Previously asked in CBSE board exam
2022 32/1/1 Q10 (b)
Generated by claude-sonnet-4-6 · 2026-06-15 06:58 · grounding rag
Model Answer
Impact of Globalisation on Society:
- Unequal benefits: Globalisation has not benefited everyone equally. People with education, skill and wealth have made the best use of new opportunities, while many others have not shared these benefits.
- Consumers: Well-off consumers now enjoy a greater choice of goods and services at competitive prices due to integration of markets.
- Producers and workers: Many small producers and workers have suffered due to rising competition from MNCs. However, skilled producers have expanded their businesses.
- Employment: MNCs have created new job opportunities, especially in IT and service sectors, but labour rights have sometimes been compromised.
- Struggle for fair globalisation: Massive campaigns by people's organisations have influenced WTO decisions, showing that ordinary people can fight for fair globalisation where opportunities and benefits are shared by all.
Source: Chapter 4 — The Struggle for a Fair Globalisation; Summing Up
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Explanation
- Examiners expect both positive and negative impacts — a one-sided answer loses marks.
- The key phrase to use is "not uniform" — directly from the chapter.
- Mention role of government and people's organisations as it is a specific point from the "Fair Globalisation" section and often appears in 5-mark answers.
- Avoid writing long examples; crisp points with correct terms (MNCs, WTO, liberalisation) score better.
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