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Explain any 5 negative impacts of liberalisation and Globalization on business and industry in India

Posted by Anushka Sharma 4 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Jaya Mishra 4 years, 1 month ago

Negative impacts of globalisation and liberalisation.

It does not allows our small scale producers to make profit.
Liberalisation leads to more export of goods produced by exploiting our resources.
It leads to the competition between MNCs and small scale producers.
MNCs occupies our India and companies and does not allow Indian to grow.
MNCs doesn't have any tax for particular years but Indian need to pay tax.

0Thank You

ANSWER

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CBSE > Class 12 > Business Studies

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