Merits and demerits of globalisation
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Yogita Ingle 6 years, 8 months ago
Merits of globalisation
Demerits of globalisation
(i) For a large number of small producers, globalisation has posed major problems. These producers were not able to free the competition from large foreign producers and hence several of such production units had to shut down, rendering workers jobless.
(ii) Workers in MNCs are employed on* temporary basis . and laid off without any compensation during the slack period.
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