plz answer the above questions(economics) in at least 5 points....class 10th CBSE.... ncert!
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factors that made globalization :
•Reduction of trade barrier with a view to allowing free flow of goods.
•Involvement of various local producers with MNCs in various ways.
answer 5:the limitation are as follows :
it is a time and wealth consuming process. It consists a lots of paper work
and a lot of power literacy utilisation to proceed. there is a lot of corruptions too in this department. many professionals also join with the businessmen as they attract them with money.
Standardisation means the process of implementing technical standard based on the agreement of all parties such as producer, interest group etc.
hope it helps you. ...
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