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Answer the Following Question. How Do We Feel the Impact of Globalization on Our Daily Life? Explain with Examples. - Social Science

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प्रश्न

Answer the following question.
How do we feel the impact of globalization on our daily life? Explain with examples.

थोडक्यात उत्तर

उत्तर

Impact of globalization on our lives are given below :
Positive impact:

  1. MCSs have increased their investments in India. eg, industries like cell phones, automobiles, etc.
  2. New jobs were created
  3. The competition raised production standards
  4. Companies benefitted from increased competition
  5. Made collaborations and emerged men's

Negative impact:

  1. Small manufacturers have been hit hard due to foreign competition
  2. Educated and unskilled workers have become jobless due to closure of various units
  3. Globalization has a negative impact on most of the small industries which employ the largest number of workers after agriculture.
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Concept of Globalization and Factors
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2017-2018 (March) All India Set 3
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