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प्रश्न
Answer the following question.
What are the disadvantages of globalization?
टिप्पणी लिखिए
उत्तर
The disadvantages of globalization are as follows:
- The benefit of globalization is for a few industrialists, the common man faces inflation.
- Globalization, Liberalization, and Privatization may lead to unemployment.
- The abolition of import tax has reduced national income.
- Multinational companies are using natural resources of poor nations indiscriminately.
- Due to uncontrolled competition, local small scale industries are suffering a loss.
- Inequality, such as a rich nation and the poor nation is created in the world.
- The degeneration of basic values is increasing.
shaalaa.com
Globalization After World War II
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