Question

Describe the major problems created by the globalisation for a large number of small product producers and workers

Answer 1

Answer:

Globalisation for small producers and workers:

(i) It has led to widening of income inequalities among various countries. (ii) Workers jobs are no longer secure. (iii) Expansion of unorganized sector. (iv) Small manufacturers have been hit hard due to severe competition.

Explanation:

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