📖 generic · CBSE Class 10 ENGLISH MEDIUM · ECONOMICS · Page 10question

Globalisation

Chapter 4: GLOBALISATION AND THE INDIAN ECONOMY · ECONOMICS

Globalisation Information and communication technology (or IT in short) has played a major role in spreading out production of services across countries. Let us see how. . In the above example, underline the words describing the use of technology in production.

. How is information technology connected with globalisation? Would globalisation have been possible without expansion of IT? A news magazine published for London readers is to be designed and printed in Delhi.

The text of the magazine is sent through Internet to the Delhi office. The designers in the Delhi office get orders on how to design the magazine from the office in London using telecommunication facilities. The designing is done on a computer. After printing, the magazines are sent by air to London.

Even the payment of money for designing and printing from a bank in London to a bank in Delhi is done instantly through the Internet (e-banking)! NO, MY CHILD! THIS PRINTING PRESS IS NOT FOR ORDINARY INDIANS! IT LOOKS LIKE A VERY NICE MAGAZINE.

BUT WHY ISN’T MY TEXTBOOK PRINTED LIKE THIS? I CAN HARDLY READ THE WORDS IN MY BOOK! ...BUT WHERE IS THE ELECTRICITY?...

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