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प्रश्न
Answer the following question.
How do we feel the impact of globalization on our daily life? Explain with examples.
उत्तर
Impact of globalization on our lives are given below :
Positive impact:
- MCSs have increased their investments in India. eg, industries like cell phones, automobiles, etc.
- New jobs were created
- The competition raised production standards
- Companies benefitted from increased competition
- Made collaborations and emerged men's
Negative impact:
- Small manufacturers have been hit hard due to foreign competition
- Educated and unskilled workers have become jobless due to closure of various units
- Globalization has a negative impact on most of the small industries which employ the largest number of workers after agriculture.
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संबंधित प्रश्न
Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
"A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.
Explain the importance of international trade.
How has information and communication technology stimulated the globalisation process? Explain with examples.
What do you understand by globalisation? Explain in your own words.
How would flexibility in labour laws help companies?
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and _____________ has meant greater _______________ among the producers.
The most common route for investments by MNCs in countries around the world is to
Globalisation has led to improvement in living conditions.
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.
