*The impact of globalisation has not been uniform." Explain this statement.
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Answer:
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Explanation:
The impact of globalisation has not been uniform because it has benefitted only the rich and developed countries. The developing countries are only a source of setting industries and getting cheaper labour and the entire profits are earned by the developed countries.
It is true that the impact of globalisation has not been uniform .
This can be explined through the following points :-
(1) Globalisation has some negatives impacts on employment and real wages . Due to ushering in of new technologies ,output increases ,but employment opportunities are not much ,especially in rural areas, were over 60% of the population lives.
(2) Globalisation is many benefical to large capitalizes industries and large companies . Consequently , it increases the concentration of economic power and leads to inequalities .
(3) In India, during 1990 -91 more than 33% pf national product originated in the agricultural sector, but this share has come down to 23% in 2004 - 5 .
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