the process of globalisation through liberalization and privatization policies has produced positive as well negative results of india and other countries defend or a few the above statement
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Explanation:
merits:
a vibrant economy
b flow of private foreign investment
c.stimulant to industrial production
d.increase in foreign exchange
e.check on inflation
demerits
a.neglect of agriculture
b economic colonialism
c.spread of consumerism
d.cultural erosion
e.lopsided growth processes
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