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Consider the following economic processes taking place in India Economy :
(1) Import of western culture through the mass media and telecommunication system in India.
(2) Establishment of factory limits of MNCs in India.
(3) Acquisition of branded foreign companies by Indian business tycoons.
Which of the economic processes given above is/are encompassed under globalization?
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- 1, 2 and 3
- 1 and 3
- 2 and 3
- only 2
Correct Option: A
Under Globalisation, all the following are covered-import of western culture through the mass media and telecommunication system establishment of factory limits of MNCs and acquisition of branded foreign companies by business tycoons.
