Question

Positive and negative points on impact of globalisation

Answer 1

positive impact = The globalization has resulted in more choice for the consumer who now get better quality products as favourable prices.
2. This has improve the standard of living of people.
3. MNC has increase their investment in developing countries like India. Example= cellphone, automobile, electronic, soft drinks etc.
4. Some local companies who supply raw materials to MNC have also be benefited.
Negative impact= globalisation hit the small producers in the economy.
2. globalisation create unfair trade practice by the developed countries against developing countries.
3. Globalisation effect the local producers production in the particular

Answer 2

# Positive impact :-

1. The globalization has resulted in more choice for the consumer who now get better quality products as favourable prices.

2. This has improve the standard of living of people.

3. MNC has increase their investment in developing countries like India. Example= cellphone, automobile, electronic, soft drinks etc.

4. Some local companies who supply raw materials to MNC have also be benefited.

#Negative impact :-

1. globalisation hit the small producers in the economy.

2. globalisation create unfair trade practice by the developed countries against developing countries.

3. Globalisation effect the local producers production in the particular