Describe the major problems created by the gloabalisation for a large number of small producers and workers.
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ᴛʜᴇ ᴍᴀᴊᴏʀ ᴘʀᴏʙʟᴇᴍs
ᴄʀᴇᴀᴛᴇᴅ ʙʏ ᴛʜᴇ
ɢʟᴏʙᴀʟɪsᴀᴛɪᴏɴ ғᴏʀ ᴀ
ʟᴀʀɢᴇ ɴᴜᴍʙᴇʀ ᴏғ sᴍᴀʟʟ
ᴘʀᴏᴅᴜᴄᴇʀs ᴀɴᴅ ᴡᴏʀᴋᴇʀs ᴀʀᴇ ᴀs
ᴍᴇɴᴛɪᴏɴᴇᴅ ʙᴇʟᴏᴡ :
➊.Small producers such as producing batteries, capacitors, toys have been hit hard due to competition with the MNCs. They could not compete on the issue of price and quality. As a result of it, their production decreased and many units were closed.
➋.Many workers became jobless.
➌.Many employers prefer to employ workers on temporary basis Which means workers’ jobs are no longer secure.
➍.Women are denied their fair share of benefits.
➎.Workers have to put in very long working hours Without any overtime. While the MNCs have been earning large profits but the workers are denied their fair share of benefits brought about by globalisation.
☺
✌✌✌.
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Globalization for small producers and workers
It may lead to widening of income inequalities among various countries
Workers jobs are no longer secure.
Expansion of unorganized sector.
Small manufacturers have been hit hard due to severe competition.
Several units have been shut down rendering many workers jobless.
Lives of workers are on the whims of employers.
Workers are denied their fair share of benefits.
hope it helps you
It may lead to widening of income inequalities among various countries
Workers jobs are no longer secure.
Expansion of unorganized sector.
Small manufacturers have been hit hard due to severe competition.
Several units have been shut down rendering many workers jobless.
Lives of workers are on the whims of employers.
Workers are denied their fair share of benefits.
hope it helps you
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