Question

state the impact of globalisation in three different ways.​

Answer 1

Answer:

Impacts of globalisation in India are

(i) It has improved the productivity and efficiency of Indian companies in the use of resources through the process of competition.

(ii) The growth rate of the economy has gone up with the increase in foreign investment and foreign technology in India.

(iii) It has allowed the consumers to enjoy a wider range of goods and services at lower costs.

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