examine the impact of globilization in india.write any 6 points.
Answers
Explanation:
Advantages:-
1) made goods cheaper and easy to buy
2) increased competition among companies
3) increased foriegn trade and foriegn investment
4) good quality in production
Disadvantages:-
1) less opportunities for local industries
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EXPLANATION:
● increased foreign investment in india.
● opening up of the indian markets to foreign goods.
● the greast competitions among the companies lead to improvement of qaulity & reduction in prices of goods.
● greater cultural exchange because of greater movment of people, this helped tour-tourism to take place in sector india.
● access to newer technology and improved ways of productions from the more advanced companies leading to efficiency in the local industries.
● SORRY MATE IDK THE SIXTH POINT
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