conclusion impact of globalisation and indian economy
Answers
Answer:
Globalisation Changed the World.
Explanation:
Globalisation with its effects made people around the globe get a little more closer by staying far.
It provided people new opportunities to grow.
It led to the intermixing of cultures and ideas.
But like every boon there comes a curse, globalisation affected the local industries which faced stiff competition from the new bigger and better market.
It led to decline in local Handicrafts and Handloom.
Although this was good for consumers but this led some bad effects on the nation's culture and it's traditions.
Answer:
Globalisation and the Indian Economy-Conclusion. Globalisation is the process of rapid integration of countries. This is happening through greater foreign trade and foreign investment MNCs are playing a major role in the globalisation process. ... Fair globalisation would create better opportunities and share for all.
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