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You have to prepare a brief points on the following topic:
"Globalisation improves the economic development of a country".
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Answered by
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globalisation improves the economic development of a country in following ways-
a) increase in foreign investment
b) emergence of Indian companies as multinationals
c) wide choice of goods and services. due to globalisation we now have a cheaper wide choice of goods and services.
d) creation of new opportunities.
e) creation of new jobs.
a) increase in foreign investment
b) emergence of Indian companies as multinationals
c) wide choice of goods and services. due to globalisation we now have a cheaper wide choice of goods and services.
d) creation of new opportunities.
e) creation of new jobs.
Answered by
1
Some of the benefits of globalization include:
→Foreign Direct Investment. Foreign direct investment (“FDI”) tends to increase at a much greater rate than the growth in world trade,
→helping boost technology transfer, industrial restructuring, and the growth of global companies.
→Technological Innovation.
→Help decrease the rate of poverty and unemployment in several countries. →Access to a variety of products from several nations will be easier for people to acquire.
→Different cultures means learning different customs, traditions, languages, etc.
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