What are the impact of globalisation

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What are the impact of globalisation

Posted by Reena Choudhary 4 years, 9 months ago

CBSE > Class 10 > Social Science

3 answers

Adithya Dev A 4 years, 8 months ago

On producers :- 1) MNCs are profitted, so they increase foreign investment. 2) Local companies who are under MNCs also profitted through FDI. 3) Companies which provide services like data entry, accountancy enjoy profits. 4) Indian companies like Tata motors and Infosys emerged as MNCs. 5) Global companies also profitted, so they increased the production standard.

0Thank You

Adithya Dev A 4 years, 8 months ago

On workers :- 1) Flexibility in labour laws. 2) Low wages. 3) No job security.

1Thank You

Adithya Dev A 4 years, 8 months ago

On consumers :- 1) Greater choice of goods. 2) They are able to enjoy better quality goods at lower price. 3) Higher standard of living.

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Posted by Shristi Pandey 1 month, 2 weeks ago

CBSE > Class 10 > Social Science