“Welfare State is getting replaced by market.” Analyse the reason for this change.

Solution

The reasons:
(i) Globalisation results in erosion of state capacity.
(ii) It withdraws from many of its welfare functions directed at economic and social well-being.

Some More Questions From Globalisation Chapter

Critically evaluate the impact of the changing role of the state in the developing countries in the light of globalisation.

What are the economic implications of globalisation ? How has globalisation impacted on India with regard to this particular dimension ?

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Globalisation

“Welfare State is getting replaced by market.” Analyse the reason for this change.

Some More Questions From Globalisation Chapter

Critically evaluate the impact of the changing role of the state in the developing countries in the light of globalisation.

What are the economic implications of globalisation ? How has globalisation impacted on India with regard to this particular dimension ?

Do you agree with the argument that globalisation leads to cultural heterogeneity ?

How has globalisation impacted on India and how is India in turn impacting on globalisation ?

Name any one cause of globalisation.

What does MNC stand for?

What are the different manifestations of globalisation ?

Which four different flows are possible under globalisation ?

Fill in the blanks:
is about the flows of ideas , , commodities and people.

Why the globalisation did not lead to a significant degree of increase in the movement of the people across the globe?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

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For Daily Free Study Material Join wiredfaculty

Globalisation

“Welfare State is getting replaced by market.” Analyse the reason for this change.

Some More Questions From Globalisation Chapter

Critically evaluate the impact of the changing role of the state in the developing countries in the light of globalisation.

What are the economic implications of globalisation ? How has globalisation impacted on India with regard to this particular dimension ?

Do you agree with the argument that globalisation leads to cultural heterogeneity ?

How has globalisation impacted on India and how is India in turn impacting on globalisation ?

Name any one cause of globalisation.

What does MNC stand for?

What are the different manifestations of globalisation ?

Which four different flows are possible under globalisation ?

Fill in the blanks: ______ is about the flows of ideas , ______, commodities and people.

Why the globalisation did not lead to a significant degree of increase in the movement of the people across the globe?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Fill in the blanks:
is about the flows of ideas , , commodities and people.