Question

effect of globalisation is double faced?

Answer 1

the impacts of globalization are as folows:

positive impacts:

i) consumer: globalization provided the consumers with a vast number of choices.

ii) employment: globalization provided indian people employment. For Eg: tata motors and Mc Donalds came into india which provided employment to indian people.

iii) infrastructure: as the foreign countries are being set up in india, the infrastructure for indian industries is also improving.


negative impacts:

i) employment only for english speaking people: there is employment only for english speaking people such as in BPOs and call centres.

ii) small producers: the small producers such as toy producers and etc; are not able to competete with the big industries.

iii) exploitation of labours: job security was lost. their working hours increased an holidays increased.

hope this helps...