How have the people played a role in the struggle for fair globalization? Explain {long answer}
Answers
Answer:Today people as consumers in a globalised world are very much aware of their rights and also very much active when it comes to foreign trade policies of countries all over the world. They organise massive campaigns and protests and influence the trade and investment policies of the WTO and their own counties as well.Explanation:Globalisation is the rapid integration or interconnection between countries mostly on the economic plane. In other words, Globalisation means integrating our economy with the world economy.The Indian government, after Independence, had put barriers to foreign trade and foreign investment. This was considered necessary to protect the producers within the country from foreign competition. Industries were just coming up in the 1950s and 1960s, and competition from imports at that stage would not have allowed these industries to come up.During the end of the 20th century, the government decided that the time had come for Indian producers to compete with producers around the globe. It felt that competition would improve the performance of producers within the country since they would have to improve their quality. So, India removed trade barriers and Indian producers were allowed to compete with producers around the globe.
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