Explain any five negative impacts of …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Explain any five negative impacts of globalisation

Posted by Yogesh Kumar 6 years ago

Negative effects of globalisation:

Growth has been witnessed only in few selected areas in the service sector such as hospital services, information and technology, and telecommunication.
To earn maximum profits, MNCs employed Indian workers at extremely low wages. Only in urban areas, the standard of living has improved. Their income and the quality of consumption also increased. This has led to inequalities of income in the country.
To deal with the pressure of competition from MNCs, many Indian companies have begun to employ workers on a temporary basis so that they do not have to pay the workers for all 12 months of a year. This has resulted in companies making large profits, but workers not getting their share of benefits.

ANSWER

Test

Related Questions

What was the purpose of sending the Simon Commission

Posted by Siddhanth Aravind 1 year, 4 months ago

CBSE > Class 10 > Social Science

Define Deccan plateau briefly

Posted by Anisha Grover 6 months, 3 weeks ago

CBSE > Class 10 > Social Science

What was zollverein formed

Posted by Sakshi Patel 3 months, 3 weeks ago

CBSE > Class 10 > Social Science

Posted by Sai Sravika Godavarthi 6 months, 4 weeks ago

CBSE > Class 10 > Social Science

Describe the process of unification Italy

Posted by Armaan Ali 1 year, 8 months ago

CBSE > Class 10 > Social Science

Describe the silesian weavers uprising

Posted by Chirag Jindal 1 year, 8 months ago

CBSE > Class 10 > Social Science

What is the importance of flora and fauna in india

Posted by Vansh Singh 1 year, 8 months ago

CBSE > Class 10 > Social Science

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Posted by Shristi Pandey 4 months, 4 weeks ago

CBSE > Class 10 > Social Science