Question

How globalisation affected lives of people explain with 3 examples

Answer 1

1. By forming policies that protect the interests of not only the rich and powerful but also the sections of the society that are likely to bear the negative impact of globalisation .

2. By supporting a small producer so that they can compete with large manufactures.

3. By ensuring that labour are properly implemented and workers get the right.

4. By using trade and investment barries and negotiating for fairer rules at the WTO.

Answer 2

Answer:

• Increased people's investment in industry such as cell phones, auto mobiles, electronics, fast goods, etc
• They too invested in newer technology and production methods and raised their standards
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