Question

how has globalisation affected the life of Indians
For brainliest

Answer 1

Hi mate

Answer

The Globalisation has impacted Indian economy in the following ways

• Over the past 20 years, the foreign investment has increased.
• Creation of new opportunities Globalisation has created new opportunities for Indian companies, particularly providing services like IT.
• A host of services such as data entry, accounting, administrative tasks, engineering are now being done cheaply in India.
• It enabled to choose from the best quality products all over the world.
• Due to Globalisation, all MNCs are competing each other to give us the best products on very cheap rate.

                                                                                                     

Hope it helps you

Answer 2

Explanation:

positive effects:-

1. it has helped the common people to reach international market.

2. it has increased the number of choices.

3. there is increase in competition which has made the quality of goods better.

4. the value of goods in different markets appear to be same.

5. this has helped producers to sell their produce outside the local market

negative effects:-

1. it has created stiff competition for small producers.

2. unemployment among these producers have increased.

3. many have shut down their shops and industries.