Social Sciences, asked by Akhilkumar01, 1 year ago

What is globalization? Explain it's advantages and disadvantages.

Answers

Answered by Ekansh7

urbanisation , formation of industries , and digitisation is globalisation.
disadvantage :
loss of habitat of animals
pollution
advantage :
more employment to people
more educated people

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Akhilkumar01: sorry

Ekansh7: its okkk dude as u wish.

Ekansh7: itna bdaa kn likhegaa yr

Akhilkumar01: Thanks for understanding..........^_^

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Answered by dhruvsh

The process of rapid interconnection and interlinking between different countries is known as globalisation.
Advantages of Globalisation
(i) Globalisation has resulted in greater competition among producers-both local and foreign. This has improved the quality of products and lowered the prices.
(ii) A wider variety of goods are available in the market for consumers.
Disadvantages of Globalisation
(i) For a large number of small producers, globalisation has posed major problems. These producers were not able to free the competition from large foreign producers and hence several of such production units had to shut down, rendering workers jobless.
(ii) Workers in MNCs are employed on* temporary basis . and laid off without any compensation during the slack period.

Akhilkumar01: Your answer is more effective than his

Akhilkumar01: thanks

dhruvsh: thanks bro

dhruvsh: no problem anytime

Akhilkumar01: U r welcome bro

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