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Globalisation and the Indian Market
Sociology · Class 12 · The Market as a Social Institution · Term 3

Globalisation and the Indian Market

Assess the impact of economic liberalisation and globalisation on the Indian market, including its effects on local industries, employment, and consumption.

CBSE Learning OutcomesNCERT: Class XII Sociology - Indian Society

About This Topic

Assess the impact of economic liberalisation and globalisation on the Indian market, including its effects on local industries, employment, and consumption.

Key Questions

  1. Explain the policy of liberalisation adopted by India in the 1990s.
  2. Analyse the positive and negative consequences of globalisation for Indian markets.
  3. Compare the functioning of a local 'haat' or weekly market with a modern shopping mall in the context of globalisation.

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Edited by Adriana Perusin, Editor-in-Chief, Flip Education