how do we feel impact of globalisation on our daily life? explain with an example.
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How do feel the impact globalization on our daily life?explain with example
Report by Yash5161 22.03.2018
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Saip3635Helping Hand
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srinivi
SriniviHelping Hand
Impact of Globalization:
●Globalization and greater competition among producers has been of advantage to consumers.
●Greater choice before consumers.
●Availability of standard quality products at lower price.
●Improvement in living standard.
●Foreign investments have increased in many areas like cell phones, auto mobiles, electronics, soft drinks, etc.
●New job have been created.
●Several of the units have shut down rendering many workers jobless.
●Globalization has also created insecurity of job.
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Explanation:
- the impact of globalisation on Indian economy is very high.
- there are different products available in market due to globalisation
- globalisation create the interlinking of the Indian market to the markets
- now every year different types of mobile automobile and new machines in two different market to to globalisation of other countries