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Q.

Choose given statement is true/false:


Globalisation refers to the interconnectedness of the world.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is True.
Globalisation refers to the interconnectedness of the world, which is meant in terms of economy. Globalisation is not a recent process but has been in play for centuries. The pre-modern world too accounted for the interconnectedness through trade, cultural exchanges, movement of people, capital, etc. People since ancient times have been travelling across regions for trade, to attain knowledge, spirituality, and opportunity, or to escape persecution. Thus, globalisation is an interplay of the movement of people, goods, and capital across nations.
 
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