Question

what is the globalization ? what is effect of globalization ?​

Answer 1

globalization is the free movement of people,goods,and service across boundaries.

This movement is unified and integrated manner.

Effect of globalization on indian economy:

with the increasing use of intensive technology the employment opportunities are reduced and increase the problem of unemployment in indian economy.

Globalization is exploiting unskilled workers by giving lower wages,less job security and worse working condition.

Answer 2

Answer:

1. GLOBALIZATION IS THE INCREASING CROSS - BORDER MOVEMENT OF GOODS AND SERVICES.
2. INTERNATIONAL FLOW OF CAPITAL, TECHNOLOGY AND INFORMATION.
3. FORMATION OF ONE WORLDWISE MARKET BY ONTAINING RAW MATERIALS AND OTHER RESOURCES FROM CHEAP MARKET.
4. PRODUCTION OF GOODS IN ANY REGION OF THE WORLD AT CHEAPER COST.