Question

“The impact of globalization has not been uniform.” Demonstrate with the help of illustrations”

Answer 1

It is true that the impact if globalisation has not been uniform.

This can be explained through following points :

1. Globalisation has negative impact on employment and real wages. Due to new technologies , output increases but employment opportunities are not much especially in rural areas, where over 60% of the population lives

2. Globalisation is mainly beneficial to large capitalist , industries and large companies.

So , it increases the concentration of economic power and leads to inequalities.

3. In India during 1990 -9 more than 33%of natural product originated in agricultural sector , but this share has come down to 23% in 2004-05.

Answer 2

1. globalisation only give benefit to rich and large companies and destroy small companies
2. globalization increases compitition.
3. number of rural and small scale companies is declining
4. poor consumers are facing serious troubles as brands are taking over the world with a huge price tags.

hope so this will help you