How has globalisation affected the lives of the people explain with examples
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Globalisation is the rapid integration of countries and markets.
Globalisation is a great change in 20th century.It is mostly carried out by MNC's.
Globalisation has more benefits but it is not distributed properly to all people.
with globalisation the relationships between countries became better and trade flourished.But we can surely say that only people who are capable of using MNC'tech,who are intelligent,educated and large producers have benefitted more from globalisation.
ex:Indian MNC's like Infosys,Ranbaxy,sundram nuts and bolts etc., they were before local companies and used MNC's support to develop their companies.
But small producers and uneducated people won't benfitted from this.They mostly lose their livelihood by competing with MNC's and they are perishing.
ex: parakh foods a local indian company perished while competing with cargil a MNC
hope it helps .......plz mark as brainliest
Globalisation is a great change in 20th century.It is mostly carried out by MNC's.
Globalisation has more benefits but it is not distributed properly to all people.
with globalisation the relationships between countries became better and trade flourished.But we can surely say that only people who are capable of using MNC'tech,who are intelligent,educated and large producers have benefitted more from globalisation.
ex:Indian MNC's like Infosys,Ranbaxy,sundram nuts and bolts etc., they were before local companies and used MNC's support to develop their companies.
But small producers and uneducated people won't benfitted from this.They mostly lose their livelihood by competing with MNC's and they are perishing.
ex: parakh foods a local indian company perished while competing with cargil a MNC
hope it helps .......plz mark as brainliest
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