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"Globalization is good only for the rich". Explain the statement

Posted by Srishti Pandey 5 years ago

CBSE > Class 10 > Social Science

2 answers

Lavya .. 5 years ago

It holds true for all the developed countries. People who were educated, wealthy ,had skills and talent were benefitted the most through globalisation. 1)MNCs heiers skilled labour thus resulted in employbility of these people 2)Also these people having money get the best quality and choice of goods due to globalisation

1Thank You

Suman Kumar 5 years ago

Even the statement is tight to some extent it cannot be said that globalisation is good.... This is because modern technologies, reduce in prices of goods and a variety of options for a particular goods are collectively good for all.

1Thank You

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