Bright Tutorials Bright Tutorials
CBSE Class 10 Economics Question 5 of 15

Globalisation and The Indian Economy — Question 9

Back to all questions
9
Question

Question 9

Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.

Answer

If globalisation continues in the future with same rate, world may be changed as follows:

  1. Rapid advancements in technology, particularly in fields like artificial intelligence, robotics, biotechnology, and renewable energy, will likely reshape industries and economies globally.
  2. Globalisation will likely deepen interconnectedness among countries through trade, investment, and information flows.
  3. Addressing climate change and environmental sustainability will be critical. Efforts towards renewable energy adoption, sustainable practices in industries, and global cooperation on environmental policies may become more prevalent.
  4. Emerging economies, particularly in Asia and Africa, could continue to rise, influencing global trade patterns and geopolitical relations.
  5. Advances in healthcare, genetics, and biotechnology could lead to breakthroughs in treating diseases and enhancing human capabilities.