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Define globalisation?

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Define globalisation?

Posted by Seema Deshmukh 6 years, 4 months ago

CBSE > Class 10 > Social Science

2 answers

Yogita Ingle 6 years, 4 months ago

Globalisation means unification on integration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalisation to its people by
(i) ensuring that the labour laws of the country are followed so that workers are not exploited.
(ii) supporting small producers to improve their performance so that they remain viable in the face of competition from MNCs,
(iii) negotiating with WTO for fairer rules aligning with other developing countries for better trade terms.

Priyanshu Mukherjed 6 years, 4 months ago

Globlisation is the process grapid integration and interconnectiom between countries

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