The worldwide consumers are accepting the apparel fashion products produced in India. ... Synthetics turned trendy and the disco culture affected the fashion scenario. ... India is one of the largest producers of fibre in the world. ... Apparel Industry in India (AII) poses an opportunity of tremendous economic growth. ... There is further scope of development of apparel retailing in India. ...
In the 21st century continuous modernization and development are seen as critical to world progress, India's recently elected Prime Mister Narendra Modi stated that his governments vision for India focused on development1. ... This move towards modern civilization had harmed and impaired the people of India, which he believed to be detrimental to Indian culture. He saw it as a way of the British being able to keep control of India. ... While concentrating solely on India as a nation, Gandhi believed that transformation to an industry and machine based economy, increased the poverty in In...
Globalization is the multifaceted process that increases the interconnection between the economies in terms of trade, capital and culture. ... Globalization and knowledge economy: A case of India Globalization and economic integration significantly contributes to the India's radical economic growth. ... Along with China, India also comes to the forefront of the international stage. The most striking impact of globalization on India is its transition towards the knowledge economy. ... A growing number of companies in United States and other developed nations are outsourcing their job to ...
The final opposing view concerns the unique cultures of smaller countries. ... Although it is true that some unique cultural aspects are drowned in the process of globalization and free trade, it should be up to the discretion of the people to decide whether or not to accept Western culture. For example, the youth in India is generally excited about their updated fashions, styles of living, etc. ... "Globalization promotes integration and the removal not only of cultural barriers but of many of the negative dimensions of culture," as said by David Rothkopf. ...
Heller also mentioned that Canada was now looking for employees from Asian countries like India, Japan, China, Sri-Lanka and Malaysia to fill up their service sector and boost their economic transactions with customers in those Asian countries. ... Heller briefly touched upon was about the way that Canadian government was now turning its focus onto commodifying the various individual French-Canadian group cultures living in the remote parts of Canada's beautiful landscape. Until recently they did not even care about these individual groups, when suddenly some private tourist companies sug...
Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and political settings. However, it is clear that economics goes far beyond utilizing resources or levels of development and by comparing different economic systems one can analyze their importance and influence on other sectors of society. Apart from affecting other sectors, an economic system is also ...
ReOrient Paper Andre Gunder Frank's Book ReOrient is a study of the development of world trade and economic conditions across the continents from 1400 through 1800. ReOrient offers a unique historical look at economic development, one that is not generally presented in the mainstream education...
