what is globalization in india?
Answers
Answer:
Globalization is a process that encompasses the causes, courses, and consequences of transnational and transcultural integration of human and non-human activities
Answer:
The term "globalisation" refers to the process of integrating a country's economy with the global economy. It's a multifaceted problem. It is the culmination of a number of initiatives aimed at converting the world into one of greater interconnectedness and integration.
Step-by-step explanation:
Urbanisation and globalisation have had a significant impact on Indian society. Economic policies have had a direct impact on the formation of the economy's core foundation.
The following are some of the good effects of globalisation:
1. Makes markets more efficient
2. Increases global competition
3. Stabilizes security
4. Increases global wealth equality