Sociology, asked by vpkar2001, 1 day ago

what are the merits and demerits of globalisation under sociology​

Answers

Answered by gourangamudi299
1

Your answer:

Merits of globalisation :

1) Encouragement to Foreign Direct Investment (FDI).

2) Easy availability of goods from the developed countries.

3) India could withstand international competition.

Demerits of globalisation :

1) Problems of poverty and unemployment remained unresolved.

2) Could not available of benefits of increase in export.

3) Less beneficial to small scale industries.

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Answered by presentmoment
0

Merits and Demerits of Globalization.

Explanation:

Globalization has had various benefits and shortcomings for a society.

The merits of globalization are as follows:

  • Helped in bringing new technology
  • Opened employment opportunities
  • Hebden mixing of cultures
  • Helped in the economic development of the society

The demerits of globalization are as follow:

  • It has resulted in more pollution
  • This Resulted in brain drain
  • Low wages for workers in heavily populated countries
  • Wastage of resources in developing countries.
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