Globalisation has posed major challenges for
Answers
Answer:. (i) Globalisation is the process of rapid integration or interconnection
between countries.
(ii) MNCs play crucial role in the process of globalisation.
(iii) Due to globalisation more and more goods and services, investments
and technology are moving between countries as a result of which
the countries of the world come closer to each other.
(iv) Not only because of movement of goods and investment but also the
countries get connected due to movement of people. People generally
move for better jobs and better income or better education. This is
also because of globalisation.
(v) As far as India is concerned globalisation has created a positive as
well as negative impact. But it has brought teremendous development
in our economy.
(vi) Technology and liberalisation are the two factors that have greatly
benefited globalisation in our country.
Explanation: