Explain any 5 advantages of globalisation
Answers
Answered by
5
1)VARIETY OF PRODUCTS : Due to the New Economic Policy,many MNCs have invested their capital in india . So the Indian consumers are getting variety and quality products at cheaper rates.
2)DEVELOPMENT IN THE INFRASTRUCTURE :Due to the policy of globalisation and privatisation, the condition of infrastructure has improved considerably .
3)Boost to foreign direct investment
4)Boost to the Indian companies
5)Boost to service sector
was that helpful . mark as brainliest
2)DEVELOPMENT IN THE INFRASTRUCTURE :Due to the policy of globalisation and privatisation, the condition of infrastructure has improved considerably .
3)Boost to foreign direct investment
4)Boost to the Indian companies
5)Boost to service sector
was that helpful . mark as brainliest
Answered by
3
Explanation:
There is greater choice before the consumers. Now, they enjoy improved quality and lower prices of several products.
Consumers enjoy higher standards of living than was possible earlier.
It integrates countries through foreign trade and foreign investments by multinational companies.
Interconnections have many dimensions-cultural, political, social and economic.
There is an expansion of markets due to globalisation.
Similar questions