Globalization explanation with merit and demerit
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merits
-higher standard of living in urban areas
-more job opportunity
-many Indian companies have become MNC's
-greater choice for consumer
demerits
-lots of people lost their jobs and faced unemployment....as they couldn't stand as competition and had shut down..
-increased competition..
-higher standard of living in urban areas
-more job opportunity
-many Indian companies have become MNC's
-greater choice for consumer
demerits
-lots of people lost their jobs and faced unemployment....as they couldn't stand as competition and had shut down..
-increased competition..
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