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The Market as a Social Institution
What are some of the processes included under the label globalisation?
These processes are Business Process Outsourcing (BPO) industries Eg. call centres, software services industries, virtual markets, E-male services etc. These all processes are increasing extension and integration of markets around the world. Business processes in NASDAQ, Bombay stock exchange, Delhi Stock Exchange etc. also fall in globalisation phenomena. Under globalisation, flow of commodities, money, information and people las also development of computers, telecommunications and transports are the trends which have integrated the world markets.
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In what ways did the Indian economy change after the coming of colonialism?
Explain the meaning of commoditisation with the help of examples.
What is a status symbol?
What are some of the processes included under the label globalisation?
What is meant by liberalisation?
In your opinion will the long term benefits of liberalisation exceed its costs? Give reasons for your answer.
How can you state that markets are nothing else but a kind of social organisation?
What is kinship? Discuss the functions of kinship in Indian society.
Discuss the positive and the negative impacts of globalisation.
Discuss the emergence of new market during colonial India.
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