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Analyse any 5 positive effects of globalization on the indian economy |
| Answer» Analyse any five positive effects of globalisation on the Indian economy. (a) Availability of variety of products which enabled the consumers to have greater choice and enjoy improved quality and lower prices for several products. (b) This led to higher standard of living.Higher standard of living in urban areas. (c)The impact has not been uniform among producers and workers. (d) There is greater choice before the consumers who now enjoy improved quality and lower prices for several products. | |