"Globalisation has led to the worsening of the working conditions of the labourers". Comment(write 5 short points)
Answers
Answer:
Globalization may increase foreign investment and exports in ways that would increase labor demand. On the other hand, globalization may primarily be manifested as an increase in imports and loss of pro- tection, forcing firms to attempt to reduce costs by worsening working conditions.
Explanation:
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Answer:
"Globalisation has led to the worsening of the working conditions of the labourers".
labour laws are not properly implemented and the workers don't get their rights. And also they are exploited.
WTO has been partial towards the developed countries and they have retained few trade barriers
WTO has forced the developing countries to remove all trade barriers.
Small shopkeepers face huge competition from MNC's.
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