Social Sciences, asked by Anonymous, 1 year ago

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⭕ Class 10th

⭕ Describe The Impact of Globalisation in 100 - 120 words !

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gokulchief: There is increase in GDP
gokulchief: There is increase in Jobs
gokulchief: Our companies are able to gain profit form local companies of other countries
gokulchief: There is spread of culture, tradition, technique, Knowledge through globalization
gokulchief: Income of people is increasing therefore higher standard of income
gokulchief: DOne
Anonymous: Thanks ❤️
gokulchief: actually thank u
gokulchief: i get practiced

Answers

Answered by gokulchief
6

The local companies got advanced technology

The rate of production has increased a lot

There is increase in GDP

There is increase in Jobs

Our companies are able to gain profit form local companies of other countries

There is spread of culture, tradition, technique, Knowledge through globalization

Income of people is increasing therefore higher standard of life


gokulchief: oh thank you
Answered by Anonymous
4

Hey Ma8 ,

********************

impact of globalisation are as follows :-

# top companies improve their product standard due to competitions

# many companies becomes MNCs

# it creates more choices and cheap products

# it creates demands

# it improves transportation system

# due to globalisation employment is creating

# standard of living of a people increases

# small companies couldn't face the tough competition due to this their company shut down

# domestic products are not growing through the globalisation

*****************

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