Q1 of 4 Page 36

Fill in the blanks:

(a) ……………………has given a boost to international co-operation.


(b) The ………….nations are placed low on the Human Development Index.


(c) …………..has led to an integration of economies.

(a) Globalization has given a boost to international cooperation.


Globalization is developing an international trade or enhancing cooperation with other nations and free movement of resources among the nations. With the advancement of Globalization, there has been development in economy, Trade, Science etc. Since development is common aim of all the nations and which could be possible only through international Cooperation and Globalization has played a vital role in this case.


(b) Poor nations are placed low on the Human Development Index.


A country is termed as poor not on the basis of resources but due to lack of knowledge of utilizing the available resources and consequently they lack in economic development. These nations have low literacy rate, the slow pace of industrialization and hence are placed low on the index.


(c) Globalization has led to the integration of economies.


Globalization is free movement or give and take of resources like Information technology, capital , people , market etc. This has boosted international cooperation world wide by taking the flow of labour , capital etc anywhere in the world. It is due to Globalization that today people can move out of their own country and work anywhere in the world. Hence led to the integration of economies.


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