what is globalisation explain three positive and negative impact of globalisation
suraj6614:
sry its social science
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it is the process of manufacture And export, marketing manager.. IT show positive and negative impacts on it.. like,profit and loss
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Positive effects of globalisation-
- Increase in foreign investment
- Setup of MNCs which gave emplyoment to labours and workers
- Increased competition Now companies are producing qualified products
- Incrased economy of countries.
Negative impacts-
- People prefer foreign goods not the produced in nation
- Competition has increased which caused closure of small industries.
- People working in these industries got unemployed.
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