Question

what is globalisation write two positive and negative impact of globalisation in India

Answer 1

positive
Consumers get a lot of choice in market and buy product at competitive prices

Answer 2

Globalisation means integrating the economy of a country with the economies of other countries. Under the condition of free flow of trade, capital and movement of persons across the borders. # positive impact : 1 Globalisation is a great advantage to consumers as there is a choice them. Consumers now enjoy improved quality and lower prices for several products. 2 It also created new opportunities for Indian companies providing services particularly in IT feild. # negative impact : Globalisation has posed major problems for large number of small producers and workers. These small producers were unable to face the competetion from giant foreign manufactururs which had lead to closure.