1.Do you agree that Globalization has led to inequalities in various sections of IndianSociety? Give reasons in support of your answer.क्या आप सहमत हैं कि वैश्वीकरण के कारण भारतीय समाज के विभिन्न वर्गों में असमानताएंबढ़ी हैं? अपने उत्तर के समर्थन में तर्क दीजिए?
Answers
Yes, Globalization has led to inequalities in various sections of Indian Society
A human rights-focused approach is a conceptual paradigm for human development, focused normally on international standards on human rights and operationally oriented towards the promotion and defense of human rights. This aims at identifying inequalities at the root of development issues and rectifying unequal policies and unfair power distribution that hinder growth.
Explanation:
- Globalization in a comparatively prosperous world will exacerbate income disparities by increasing imports of imported goods from developed countries with mainly low-skilled labour. It opens up, by comparison, more business prospects in high-tech firms that need more skilled jobs. These two factors will broaden the wage gap between highly skilled and poorly qualified employees. The wages of certain parts of the population are rising by globalisation. This is in the hi-tech manufacturing sector and the services sector in highly developed countries. The highly trained, collegiate workers dominate these industries. These workers come from the richest segments of the population. Around the same time, the poorer, less-educated parts of society are facing increased pressure from workers in lower-cost nations for unskilled labor. They must keep their wages low in order to compete. Globalization thus decreases the incomes of the poorest segments of a developing nation, increases unemployment and aggravates the problems of inequalities of poorer segments.
- Change in technology can likely also raise wage inequality. When computers and automation replace them in the manufacturing cycle, typists, assembly line staff, or fewer secretaries, are needed. Instead, the need for resources from, say, engineers that can operate such machines will expand through emerging technologies. While globalisation promotes the notion that technological change and productivity increase leads to higher wages and jobs, and better working conditions, these technological changes have caused more job losses in some developing nations and have contributed to decreases in job growth rates in the last few years.
- Globalization paves the way for "global redistribution" of economic wealth, leading to economically prosperous nations' supremacy over developing countries. Globalization in some of the industrialized and underdeveloped nations in the world has shown the process in reducing poverty and therefore increases the problem of inequality.
- Many businesses can use offshoring to their benefit with less constraints at national level. Also if they retain local employment, they may be used to justify lower salary at home by moving workers to another, cheaper area outside of the country. The overall outcome of attempts to abolish borders is a rise in incomes in the developing world, but a decline in developed countries. If commodity prices do not drop significantly many households will see their living standards decline.
- In developing nations like India & underdeveloped nations of the world, globalization poses a challenge to agriculture as well. In line with the WTO trading rules, the agricultural commodities market of underdeveloped and developing nations will be flooded farm goods from nations at a much lower rate than the indigenous agricultural produce, contributing to a death blow to several farmers.
- Globalization is associated with growing wealth & income inequalities. The rising rural-urban divisions between countries like China , India and Brazil are evidence of this. This results in social and political tension & financial instability which constrains growth. Most of the world's poorest people have little access to essential infrastructure and public goods. They are excluded from the benefits.
To know more
5 negative effects of Globalisation - Brainly.in
brainly.in/question/6467199
Answer:
Globalization
Explanation:
Globalization is the process through which people and goods move across borders. Globalization is the integration of markets, trade and investments with few barriers to slow the flow of products and services between nations.
Slowly Globalization is leading towards the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
The Argument whether Globalization led to inequalities in various sections of Indian Society:-
Yes this is absolutely true that Globalization has led to inequalities in various sections of Indian Society because it effects on a domestic level.
The wages of certain segments of the workforce increase. In highly developed nations, this occurs in the hi-tech manufacturing sector and the services sector.
These industries are dominated by highly-skilled, college-educated workers. These workers are already drawn from the wealthiest segments of a population.
Simultaneously, the poorer, lower-educated sectors of society face increased competition from workers in lower-cost countries for unskilled labour. Their wages must be kept low to compete.
Therefore, globalization is increasing the wages of the wealthiest sections of a developed society, increasing inequality and leaving the poorer segments worse off.
Advantages of Globalization:-
1)The rapid Globalization has created worldwide job opportunities
for all the countries around the world.The economic liberalization helps the companies to relocate, allowing them to rapidly scale up and create new jobs.
2)Prices have lowered because of Globalization.As we can see that the free movement of goods and people has brought overheads down and allowed companies to sell products more cheaply.
3)Globalization improves domestic productivity by expanding knowledge. Allowing foreign imports increases competition, which forces innovation in order for companies to stay in demand.
https://brainly.in/question/6467199