Question

negative effect of globalization on India(4 marks question)

Answer 1

Answer:

Negatives effect of globalisation on India are:

1. The gap between the rich and poor increased a lot more than before than ever before. The disparity between the rich and poor is increasing.

2. The number of unemployed people in the urban india is increasing. The number of jobs created is still less than the number of graduates passing out each year.

3. Competion has increased between the foreign companies and Indian companies in the Indian market, which is bad for Indian companies. Because India still relies export of materials from other countries.

4. Threat of terrorism is increasing. Which is not good for tourism. More terrorism will lead to less tourism.