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What are the positive and negative impact of Globalisation ???...
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Globalisations have both positive and negative impacts.
As the positive impacts are over weighing the negative ones , globalisation on a whole is very helpful to us.
Positive impacts :-
1) Countries have access to new technology.
With MNCS coming up , they bring technology with them.
2) Financial support.
Apart from just being a competetor , they help some of the companies associated with them.
3) Employment.
They employ large sections of poor and also backward people.
4) Competition.
Due to healthy competition, products become cheap and of better quality.
Negative impacts:-
1) Poor countries tend to remain poor
2) They are usually crushed by the newly set up MNCs
3) Their country products die away as they are not of the best quality.
As the positive impacts are over weighing the negative ones , globalisation on a whole is very helpful to us.
Positive impacts :-
1) Countries have access to new technology.
With MNCS coming up , they bring technology with them.
2) Financial support.
Apart from just being a competetor , they help some of the companies associated with them.
3) Employment.
They employ large sections of poor and also backward people.
4) Competition.
Due to healthy competition, products become cheap and of better quality.
Negative impacts:-
1) Poor countries tend to remain poor
2) They are usually crushed by the newly set up MNCs
3) Their country products die away as they are not of the best quality.
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