Mention the merits and demarits of globelisation
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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
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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