Q.What is globalisation ? what is the role of globalisation in India economy
Answers
Answer:
Globalization lead to fast and effective supply of goods and services to growing population. ... Globalization recognized and represent interdependent economy of the world resulting into global trade and supply, global industrial production and financial investment
Answer: This may help you
Explanation:
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 19th century due to advances in transportation and communication technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, conflicts and diplomacy are also large parts of the history of globalization, and of modern globalization.
Globalization has played a major role in export-led growth, leading to the enlargement of the job market in India. One of the major forces of globalization in India has been in the growth of outsourced IT and business process outsourcing (BPO) services.