Question

Explain four ways in which globalisation and pressure of competition has changed the lives of workers substantially.

Answer 1

Answer:

The lives of workers have been changed as given below

(i) Workers have to work long hours in potentially hazardous conditions at low wages due to the requirement of cost effective production:

(ii) Workers face an uncertain employment. Casual workers are hired on contract when demand is high and laid off when demand declines.

(iii) MNCs are prone to shift their centres of production in accordance with the benefits they receive from the government. Thus, when a centre shifts, either the workers are transferred or laid off.

(iv) Many Indian companies have closed down due to competition from MNCs, rendering their workers jobless.

Answer 2

Globalization and pressure of competition on the lives of workers given below:

Explanation:

• Globalization term is used to describe the interaction and growing independence between the nation and people from worldwide.
• Globalization has created a  pressure on the lives of workers.  
• To earn profit companies especially  MNCs are pressuring workers to work in  low wages.
• Many of the companies hiring workers on temporary basic.
• Pressure of competition has led people to live in a low standard of life with no medical facilities, no paid leaves, and less wages.
• As companies are generating profit in a large amount, but hesitate in sharing it with its employees.

Learn More:

Explain three ways in which pressure of competition due to globalisation has significantly changed the life of Indian workers.

https://brainly.in/question/15216511