Class 10 Economics Chapter 4 Globalization and the Indian Economy

NCERT Solution for Class 10 Economics Chapter 4: Globalization and the Indian Economy

NCERT Solution for Class 10 Economics Chapter 4: Globalization and the Indian Economy is created as per the CBSE board requirement to score good marks in the final exam by experts. All the questions asked in Chapter 4: Globalization and the Indian Economy are solved with the required details. Before going to solve the questions given in the NCERT textbook for Chapter 4: Globalization and the Indian Economy ensure that you have gone through the theory part of Chapter 4: globalization and the Indian Economy. Find errorless NCERT Solutions for class 10 Social Science and NCERT Solutions for class 10 Economics prepared by experts of HT. 

Brief Introduction of NCERT Solution for Class 10 Economics Chapter 4: globalization and the Indian Economy.

Technologies and the free flow of men and materials across the globe have brought the global economy and markets much closer. In better ways, it can be said that economies across the globe have got interlinked. The chapter deals with the integration of production and markets across the global economies.  It explains the changes that the markets have undergone over the years with the coming of MNCs and advancements in technologies. It also explains the components of foreign trade and its impact on the Indian economy concerning Chinese products in the Indian market. We will also learn about the new economic policy or the policy of liberalisation, privatisation and globalisation that shaped the Indian economy post-1990s. The impact of globalisation on the Indian Economy has been fluctuating or can be said to be non-uniform. The chapter discusses the prime reasons behind this and what can be done to bring more uniformity and transparency to the system.

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