Economy, asked by alhamd4994, 1 year ago

Mention the merits and demarits of globelisation

Answers

Answered by abhi026
1
The economic globalisation has many good effects. At first, when the multi-national companies enter into a country they open factories for their production.
So, the local people get job. Thus, it helps in eradicating unemployment.
Demerits of Global Economy:
Global Economy has many bad effects. At first, it is responsible for ‘Brain Drain’. A man, trained in much technical know-how, is taken from a country to other because of attractive salary. This hampers the progress of the first countr
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