Social Sciences, asked by swapnilkumar966, 10 months ago

examine any three impact of globalisation

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Answered by sagar10031
4
impacts of globalisation

#it creates competition to indian company
#through this transportation facilities improved
#many companies increase standard of product
#domestic product not grow
#local companies stop their production because they Don't face the competition

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Answered by bcsuyal71
2

Impacts of globalisation are:-

(i) It has improved the productivity and efficiency of Indian companies in the use of resources through the process of competition.

(ii) The growth rate of the economy has gone up with the increase in foreign investment and foreign technology in India.

(iii) It has allowed the consumers to enjoy a wider range of goods and services at lower costs.

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