Q10. Suppose you find two people arguing:
One is saying globalisation has hurt our
country's development. The other is
telling, globalisation is helping India to
develop. How would you respond to these
arguments?
Answers
Answer:
answer
Explanation:
ANSWER
Benefits of globalization of India:
Increase in the volume of trade in goods and services
Inflow of private foreign capital and export orientation of the economy.
Increases volume of output, income and employment.
Negative Impact / Fears of Globalisation.
It may not help in achieving sustainable growth.
It may lead to widening of income inequalities among various countries.
It may lead to aggravation of income inequalities within countries.
Whatever may be the fears of globalisation, I feel that it has now become a process which is catching the fancy of more and more nations. Hence we must become ready to accept globalisation with grace and also maximise economic gains from the world market.
Answer:
hey mate here is ur answer
Explanation:
I will say that globalisation has benefitted India in the following ways :
1 increase in the volume of trade in goods and services.
2 inflow of private foreign capital and export orientation of the economy.
3 increased volume of output income and employment .
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