Globalisation will continue in the future
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After twenty years, the world would undergo a positive change which will possess the following features— healthy competition, improved productive efficiency, increased volume of output, income and employment, better living standards, greater availability of information and modern technology.
Reason for the views given above : These are the favorable factors for globalisation :
Availability of human resources both quantity wise and quality wise.
Broad resource and industrial base of major countries.
Growing entrepreneurship
Growing domestic market.
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