Question

analyse the role of globalisation on the Indian economy .explain in 7 points

Answer 1

# globalisation caused various foreign companies to invest in India called MNCs

# due to this investments our county had prospered

# it has created a lot of employment opportunities

# living standards of common people had increased

# due to globalisation the top companies of India have been able to make profits from competition

#it had brought good competition among producers which helped in increase quality of product thus living standard Inreased

#also there is greater choice for consumers