What is the negative impact of Globalisation in India?
Answers
Answered by
2
Most people see is that this means just about any job (in a rich country like ours) can end up getting sent to another country. So we have to compete with people who have way lower standards of living and can work for way less pay. This really annoys a lot of people in the US and that's why we have a lot of calls for less in the way of free trade.
Answered by
1
ᴀɴsᴡᴇʀ ⚡︎
────────────────────────
Impacts are as follows ↴
⚘ MNCs started investing in India and with time they increased their investment as investing in India had been beneficial for them.
⚘ Top Indian companies raised their production standards due to competition and they also got new technology by collaborating with MNCs.
⚘ Some large Indian companies became MNCs like TATA, Asian paints, Infosys, etc.
⚘ More jobs for people... and more opportunities for companies...
⚘ More choices... Cheap products... Standard of living increased...
━━━━━━━━━━━━━━━━━━━━━━━
Mark as brainliest ✔
Similar questions