Q.2 In the last 2 decades, the globalisation of the Indian economy has
come a long way. What has been its effect on the lives of people?
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Globalisation is having a dramatic effect - for good or bad - on world economies and on people's lives. Some of the positive impacts are: Inward investment by TNCs helps countries by providing new jobs and skills for local people. ... Globalisation increases awareness of events in faraway parts of the world.
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