"Impact of Globalisation hasn't been uniform"
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Answer:
It is true that the impact of globalisation has not been uniform.
This can he explained through the following points
(i) Globalisation has some negative impacts on
employment and real wages. Due to ushering in of new technologies, output increases, but employment opportunities are not much, especially in rural areas, where over 60% of the population lives.
(ii) Globalisation is mainly beneficial to‘large capitalists, industries and large companies. Consequently, it increases the concentration of economic power and leads to inequalities.
(iii) In India, during 1990-9.1 more than 33% of national product originated in the agricultural sector, but this share has come down to 23% in 2004-05.
Answer:
Follow for 50 point que.
The impact of globalisation is different for all the people. And in the country like India a large number of people lives with a huge diversity.
Positive impacts of globalisation-
- 1. The consumers have a huge choice as the market is flooded with a variety of goods.
- Due to the tough competition good qualities can be bought in lees cost.
- The local companies are benefited because MNCs bring new technologies.
The negative impacts-
- 1.The small producers are affected as they don't stand any where in the competition.
- The MNCs sometimes buy the local companies.