Q 1. _____________________ refers to the mixing of the global with the local.
(Social Change and Development in India Chapter 6:Globalisation and Social Change)
Ans:Glocalisation
Q 2. The ____________ is one in which products have their base in information, as in the case with computer software, media and entertainment products and internet based services.
a) weightless economy
b) knowledge economy
c) socialist economy
d) none of the above
(Social Change and Development in India Chapter 6:Globalisation and Social Change)
Ans:a) weightless economy
Q 3. A ______________ is one in which much of the workforce is involved in their design, development, technology, marketing, sale and servicing.
(Social Change and Development in India Chapter 6:Globalisation and Social Change)
Ans: knowledge economy
Q 4. The _____________are companies that produce goods or market services in more than one country.
(Social Change and Development in India Chapter 6:Globalisation and Social Change)
Ans: transnational corporations