Page 117 - Understanding Economics for Class 10

12. Match the following.
Column I Column II

(i) MNCs buy at cheap rates from small (a) Automobiles producers
producers
Goyal Brothers Prakashan
(ii) Quotas and taxes on imports are used to (b) Garments, footwear, sports trade items
regulate trade
(iii) Indian companies who have invested (c) Call centres
abroad
(iv) IT has helped in spreading of (d) Tata Motors, Infosys, ranbaxy production
of services
(v) Several MNCs have invested in setting up (e) Trade barriers factories in India for
production
Ans. (i) – (b), (ii) – (e), (iii) – (d), (iv) – (c), (v) – (a)

13. Choose the most appropriate option.
(i) The past two decades of globalisation has seen rapid movements in
(a) goods, services and people between countries.
(b) goods, services and investments between countries.
(c) goods, investments and people between countries.
Ans. (b) goods, services and investments between countries.
(ii) The most common route for investments by MNCs in countries around the world is to
(a) set up new factories.
(b) buy existing local companies.
(c) form partnerships with local companies.
Ans. (b) buy existing local companies.
(iii) Globalisation has led to improvement in living conditions
(a) of all the people (b) of people in the developed countries
(c) of workers in the developing countries (d) none of the above
Ans. (d) none of the above

AddItIonAL ActIVItY/ProJect
1. Take some branded products that we use everyday (soaps, toothpaste, garments, electronic
goods, etc.). Check which of these are produced by MNCs.
Ans. There are various products which are produced by MNCs and we are using it in everday life-
(a) Pepsodent toothpaste-produced by Hindustan Uniliver
(b) Taj mahal Tea- produced by Brooke Bond
(c) Pears Bathing Soap- Hindustan Uniliver
(d) Sony Tv- it is a Japanese based company
(e) Levi’s- it is a US based company producing garments in India
(f) Honda- it is a Japan based company

2. Take any Indian industry or service of your choice. Collect information and photographs from
newspapers, magazine clippings, books, television, internet, interviews with people on the
following aspects of the industry.
(i) various producers/companies in the industry

Economics Class X E-103