Question

Impact of globalisation on less developed countries

Answer 1

There are some positive as well as some negative aspects of it.
1) This helped many of these countries to earn FDI for their development.
2) This made them to connect themselves with the rest of the world and interconnected the world market with the local producers.
3) Infrastructural reforms are also enhanced.
4) But also played a big role in the tougher marketing conditions for the unspecified and daily wage producers and workers