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