Q.4 What is a Global Village?
Ans: The term global village refers to the idea that the world has become interconnected like a small village due to advancements in communication and technology. Example: Instant communication through television, the internet, and satellites has reduced physical distance.
- Origin of the Concept: Coined by scholar Marshall McLuhan, who predicted that technology like television would dramatically change communication.
Example: Messages can now be sent across thousands of miles instantly, eliminating physical barriers.
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| Extra Info : Terms related to Globalisation Protectionism is the term for government restrictions on international trade aimed at blocking foreign products and driving companies and consumers to purchase domestically produced goods and services. The government may enact taxes on imports (called tariffs), limits on the quantity of imports (called quotas), subsidies to domestic industries, or other regulations. Tariffs are paid by domestic importers, not foreign governments or exporters.Trade liberalization is the opposite of protectionism—when countries allow people and businesses to buy and sell across borders with fewer restrictions. In this context, liberal refers to more free or open trade.Sweatshop : a factory or workplace where workers are subjected to long hours, low pay and poor working conditions. Sweatshops are commonly associated with industries such as textile manufacturing, electronics assembly and agriculture.Offshoring : the practice of moving a company’s operations to another country in order to take advantage of lower labour costs and taxes —Global supply chain : the network of suppliers, manufacturers, distributors and retailers that work together to produce and distribute goods on a global scaleGlobal citizen: an individual who identifies with a broader, global community and recognizes his or her responsibility to address global challenges — Global citizens often prioritize issues such as climate change, poverty and human rights in their political and social activismGlobal mobility is how businesses manage the relocation of employees across international borders for work purposes. It involves handling immigration, tax compliance, and logistical support to ensure smooth transitions for employees moving between countries. |