‘The impact of Globalisation has not been fair.’ Who among the following people have not benefitted from globalisation?
(a) Well off consumers
(b) Small producers and workers
(c) Skilled and educated producers
(d) Large wealthy producers
Answers
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✨ Answer ✨
(b) Small producers and workers
Explanation:
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Option b is the correct answer.
‘The impact of Globalisation has not been fair.’ Small producers and workers people have not benefitted from globalisation.
- The competition got increased for small producers and workers.
- The advertisements and technological advancements used by big companies made their product more preferrable by the consumers.
- For workers - the disadvantage is the use of capital intensive strategies which create unemployment in labour intensive countries like India.
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