Explain the effects of globalization on the lives of people. in our state
Answers
globlaization is a integration of markets as well as production centers.in nations ( country ) by spreading the market on international level..this is the true concept of globalization.
globalization effect the lives by two ways..
# not every one has benefited from globalization .people with education,skill and wealth have made the best use of the new opportunities.
# on the other hand .many small producers and workers have suffered as the result of the rising competition. they have not shared the benefits of globalization.
# globalization is beneficial to MNCS it quite harmful to workers,small industaries and trades who can't no complete with MNCs.
# the globalization and greater competition amongst the producers have been of great advantage to the consumers.they have now greater choice and improved quality at lower prices.
I hope that it help you because I. this answer merit and demerit of globalization present
plz plz marked as brainlist answer ......