Question

The effect of globalization has not been unifrom .do you agree give reason to support your answer

Answer 1

Since its introduction, globalization of the Indian economy has come a long way. Now there is greater choice before the consumers, who now enjoy improved quality and lower prices for several products. People are enjoying much higher standards of living than they enjoyed earlier. In this way, globalization has benefited well off consumers and also producers with skill, education and wealth.

But the other side of the picture is not very bright. Flexibility in labour laws has worsened the conditions of workers because they are appointed on non-regular basis to avoid facility of provident fund and other facilities. Workers work extra hours of work and they receive no payment for this. Small producers have also suffered from globalization because they are unable to compete with MNCs.

hope it helps you

Answer 2

There is a greater choice before consumers who enjoy improved quality and low price for some products.People are enjoying high standards than before.hence globalisation has benefited consumers and producers with skill, education and wealth