Question

Effect of Globalization on indian economy

Answer 1

1)Indian buyers have a better choice of toys at a lower price
2) for the Chinese toy makers this provides an opportunity to expand business
3)Indian toy makers are facing a tough competition and are facing losses
4) globalisation has failed to solve the problem of poverty.
5) globalisation and pressure of competition have substantially change the life of the workers. faced with growing competition most employees these days prefer to employee workers 'flexibly' . This means that workers' jobs are no longer secure .

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