Examine the impact of globalisation in India? -4marks

Impact of globalisation on:

  • Producers: Tough competition faced by the producers in the native country by the producers of foreign markets
  •  Workers: Job insecurity, denial of fair share in the benefits brought about by globalisation.

Other impacts:

  • Increase in the foreigh trade
  • Increase in foreign investment
  • exchange of technology between countries. 
  • Better means of communication have developed alongside globalization
  • Better job opportunities for people gave rise to migration

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