1. Prepare an outline of a presentation on
Globalization and its impact on the Indian economy.
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Globalization and its impact on the Indian economy.
Explanation:
- Globalization is progressing fast and international business is growing rapidly.
- The impact of globalization has increased the child labour and slavery in the countries.
- Replacement of cottage industries products by modern products, resulting in the ruin of cottage industries and the livelihood of people in these sectors have also been affected in several countries.
- There will be technological advances in transportation, electronics and bioengineering.
- The financial flows like the foreign direct investment, portfolio investment and licensing will be benefit for the Indian economy.
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Globalization and its impact on the Indian economy.
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