Economy, asked by vyshnavivarma, 1 year ago

Anyone out there for some help???

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Answered by Anonymous
8

\huge\underline\bold\pink{AnswER}

\huge\mathrm{Positive\: results}

  • Technologies are improved
  • Increased in production
  • Competitive nature developed between labours which help in greater proportion
  • Consumer find many design and collection of products at low prices
  • Increased in foreign trade

\huge\mathrm{Negative\: results}

  • Small business man are hard hit through globalization
  • They face hard competition
  • Many of forces the small shopkeepers to shut down there shop
  • It also changes the tradition and custom
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