The impact of globalisation has not been uniform?Explain this statement?
Answers
Answer:
It has only benefitted skilled and professional person in urban not the unskilled persons. The industrial and service sector has gained much in globalisation than in agriculture. It benefitted MNCs on domestic producers and the industrial working class.
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Solution:
The impact of globalisation has not been uniform". It has only benefited the skilled and professional person in urban not the unskilled persons. The industrial and service sector has much gained in globalisation than in agriculture. Some have gained from successful collaborations with foreign companies. It benefited MNCs on domestic producers and the industrial working class. The consumers, particularly the well-off sections in the urban areas have an advantage in the way that they have a greater choice and now enjoy the improved quality and lower prices for several goods. Small producers of goods such as batteries, capacitors, plastics, toys, tyres, dairy products and vegetable oil have been hit hard by competition from cheaper imports.