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Explain the impact of globalisation? |
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Answer» I) greater choices II) it creates jobs iii) lower price iv) people enjoy improved quality of products v) people enjoy much standards living Impact of globalisation is not been uniform. It has some positive and some negative effects too. It employs a large number of people who r trying to get jobs. It helps small industries to prosper by its successful collaboration with multi national companies. Also, multi national companies buy small companies to expand its products. It\'s negative impacts r that small producers get a hard hit by their competition with these big companies. Many small companies which employs a lage number of people have shut down making many people jobless. Imact of globalisation is that 1. Local companies hit very badly 2. Our natural resources are used by others3. In this way MNC company earn huge profits from our country4. Secret of local companies are being stolen by MNC company See below this same question has been asked 3 times now u cann see other wise if u are not able to find then i will tell u again ok??? |
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