Question

what are the benefits and disadvantages of globalisation?plz explain giving atleast 4 points for each

Answer 1

following are disadvantage of globalisation first it take the small worker jobs second it exploit our country resource III it may impose more time period on the worker of our country. following are the advantages of globalisation it help in importing and exporting of raw materials and goods to different countries second that it alarm multinational companies to set up in our country which provide job opportunities to the people of our country... I think it will make you understand

Answer 2

Advantages

•Increase in employment opportunities: As globalization increases, more and more companies are setting up businesses in other countries. This in turn increases the employment opportunities that people atone place have

•Education: With the increase in globalization, it has become easier for people to move across borders to different parts of the world to acquire better education

•Increase in free trade: An increase in free trade has opened doors for investors in developed countries to invest their money in developing countries.

•Increase in quality of goods and services: As a result of globalization, people have access to the best quality of goods and services throughout the world.

Disadvantages

•Environmental degradation: Developed countries can take advantage of underdeveloped countries’ weak regulatory laws in terms of environmental protection.

•Unfair working conditions: Many multinationals have been accused of social injustice by exploiting labor in underdeveloped countries in order to cut costs.

•Fall in employment growth rate: Though the promotion of the idea that the advances in technology and increase in productivity would create more jobs has been a cornerstone of globalization, it has been seen that in the past few years, such advances have led to a decrease in the employment growth rate in some developing economies

•Rapid spread of deadly diseases: Deadly diseases such as AIDS or other communicable diseases can spread at very fast pace via travelers or due to other means as a direct consequence of globalization

I HOPE IT WILL HELP U..