Question

suggest any three ways by which globalisation can be made fairer so that it benefits all people

Answer 1

Globalisation means unification or intergration of the domestic economy with the world economy through trade, capital and technology flows.

Government can ensure fair globalization to its people in the following ways :
(a) Government needs to care about the labour laws so that workers get their trade union rights and support small producers to improve their performance.

(b) Government can negotiate with world trade organisation for fairer rules and can align with developing countries to stand against the domination of developed countries.

Answer 2

Answer:

FAIR globalisation would create opportunities for all and also ensure that the benefits of globalisation are shared better.

●The government can play a major role in making this possible.

●Its policies must protect the interests not only of the rich and the powerful but of all the people in the country.

●The government can ensure that labour laws are properly implemented and the workers get their rights.

●It can support small producers to improve their performance till the time they become strong enough to compete.

●If necessary, the government can use trade and investment barriers.

●Government can negotiate at the W.T.O. for fairer rules.

●It can also align with other developing countries with similar interests to fight against the domination of developed countries in the W.T.O.