Question

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Answer 1

Hey Mate !!

Here is your answer :

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GLOBALISATION :

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The rapid integration of countries is called as Globalisation. It is the major change started in late 20th century. This has economic, political, cultural dimensions. The benefits of Globalisation is uneven. As, it benefits the skilled workers. It also benefitted the multi national companies. Many unskilled workers were hard hitting by the Globalisation. Small scale industries were closed down. This Globalisation interlinked the trades between the countries.

The Globalisation resulted high quality products with low price. Multi National companies have increased their investments in india due to this Globalisation. This is beneficial to them. Several Companies in india were emerged as Multi National companies themselves. The Globalisation resulted in development of markets. The markets were integrated in this period.

The impact of Globalisation is good and bad. As, it diluted the demarcations of countries. It promoted the mostly used language and the local languages were dissappeard. Globalisation resulted the removing of trade barriers in India. It supported the liberalisation. Globalisation also supported flexibility of labour laws.

HOPE THIS HELPS U.

Answer 2

Answer:

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