how do we feel the impact of globalisation in our daily life explain with examples
Answers
The impact of globalization on Indian economy on our daily life is that:
Greater competitiveness among producers both local and foreigners has been advantage of consumers....
Foreign investment has increased..
Created new opportunities for companies providing services Particularly those involving information technology.....
hope it helps......
Answer:
1) Culture: Globalization means a decrease in the cultural diversity that used to exist in the world earlier. Eg :western dresses.
2) Legislation: There has been an increase in the establishment of International courts of justice where someone accused could be dealt with in any part of the world. Eg: Interpol.
3) Language: With increased globalization, people tend to forget their mother tongue and use English . This might also help them in job searches etc.
4) Information: With the wide use of Internet and other kinds of information technology, it has become much easier and faster to share information worldwide. Live TV channels are another good example of quick information sharing.
5) Industry: The world has become a huge market where you can buy and sell things produced in any part of the world. There are a lot of international brands operating worldwide.