question_answer

Define the 'Indigenous People' and highlight any two threats to their survival.

Or

Explain the positive impacts of globalization on the present day world.

 

Answer:

Indigenous People bring the issues of environment, resources and politics together.

The UN defined indigenous populations comprising of the descendants of people who inhabited the present territory of a country at the time when persons of a different culture or ethnic origin arrived there from other parts of the world and overcome them.

Threats to their Survival:

(i) The indigenous people in the world demand to be treated as equal. They appeal to governments to come to terms with the continuing existence of indigenous nations as enduring communities with an identity of their own.

(ii) Although they enjoy a constitutional protection in political representation, they have not got much of the benefits of development in the country. They have paid a huge cost for development, since they are the single largest group among the people displaced by various developmental projects since independence.

Or

1. More efficient markets: Efficient markets should be what every economy strives for. Essentially, the sign of an efficient market is where there is an equilibrium between what buyers are willing to pay for a good or service and what sellers are willing to sell for a good or service. If you can improve the way you produce a good or service by doing things such as outsourcing certain processes or buying from an overseas supplier that offers discounts, you can then afford to lower your selling price which results in increased demand and affordability.

2. Increased competition: Anytime that you have multiple producers competing for a hold of the economy, that?s a good sign for consumers, as the quality of goods and services often goes up as a result. When businesses started to venture across international borders, what they often did was introduce a new standard into the global marketplace. Consumers then had more options to choose from. With more competitors to fight over market share, each company has to constantly look to improve their goods or services or create more value for their customers. This means better products and sometimes lower prices, which is always a good thing for buyers.

3. Stabilized security: When your economy depends largely on another country?s economy, it is hard to imagine either one of the countries attacking the other. In a weird sort of way, globalization helped heighten world security.

4. More wealth equality throughout the world: Although many Americans contend that their standard of living has gone down because of globalization, the flip side to this is that hundreds of thousands of people around the world now have jobs, have started their own businesses and can provide comfort for their families.