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4. Which of the statements are TRUE about globalisation?
a. Globalisation is only about movement of commodities
b. Globalisation does not involve a conflict of values.
c. Services are an insignificant part of globalisation.
d. Globalisation is about worldwide interconnectedness.
Asked by Sitaram Last Modified
Answer 
Apoorva Purohit
(d) Globalisation is about worldwide interconnectedness.
Explanation- The essence of globalisation lies in worldwide interconnectedness. It's the most basic feature of globalisation. Every country in the world today is connected to another country in one way or the other. All the countries of the world are inter-dependent upon each other for various different things.
Globalisation isn’t just about movement of commodities but also capital and ideas.
Globalisation does involve a conflict of values as when ideas will flow they'll create some hustle bustle and there's got to be some conflict in understanding them. Globalisation is accused of cultural homogenisation as well as cultural heterogenisation.
Services are one of the most important parts of globalisation. Every economy of the world has a focus towards its services sector. Today, not only are goods traded across the world but services are also made available to every part of the country.
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