What is meant by fair globalization

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What is meant by fair globalization

Posted by Kunal Mathur 6 years, 11 months ago

CBSE > Class 10 > Social Science

2 answers

Yogita Ingle 6 years, 11 months ago

Fair globalisation means that the benefits of the globalisation must be shared by all equally.
Globalisation has two sides - the positive and the negative. If a balance has to be brought about we should strive towards fair globalisation.
For fair globalisation, government can have a great role:
The government can support those producers who are very small and cannot compete with them.
If very necessary, government can still use some trade barrier for protection of some small producers.

1Thank You

Rehan Mohammad 6 years, 11 months ago

Fair globalisation means that the benefits of the globalisation must be shared by all equally. Globalisation has two sides - the positive and the negative. ... For fair globalisation, government can have a great role: The government can support those producers who are very small and cannot compete with them.

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