Question

Negative impact of globalization in indian economy

Answer 1

Answer:

There are some negative impact of globalization such as this process made disparity between rural and urban Indian joblessness, growth of slum capitals and threat of terrorist activities. Globalization increased competition in the Indian market between the foreign companies and domestic companies.

Answer 2

Negative impacts of globalization are:

• The disparity between the rural and urban area
• The migration of people led to the development of slum areas in cities.
• The situation of joblessness among Indians
• A rise in terrorist activities
• Increase in competition for domestic companies from foreign ones.
• The total pollution of environment.

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