The impact of globalisation has not been uniform . Demonstrate with the help of the examples
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⭕ To small producers of India globalization was a threat.It destroyed their local business which was basis of their income.Their small business collapsed resulting in unemployment.
⭕ However for the consumers , it is an opportunity to reach market of foreign countries, beyond their own country.✔️✔️
⭕ It provides them a choice between two products.
⭕ Also in countries, globalization has increased GDP.It is a sign of development.✔️✔️
⭕ On the other hand it has introduced competition in market.This has lead to improved quality of product.
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