Question

what is Impact of globalisation in our daily life explain​

Answer 1

There are both positive and negative impact.

Positive impact:-

1. Improves the standard of people

2. Provides consumers with variety of choices

3.favours the welloff societies

4. Integrates world market

5. Involves healthy competition

Negative impact:-

1. Small producers are unable to.compete

2. It forces them to shut their units

3. Destructs the livelihood of small producers

4. Labour laws that are implemented are not followed properly

Hope it helps.