Economy, asked by hiramani3645, 1 year ago

What what major challenges has globalisation posted for small producers and workers?

Answers

Answered by brainlystargirl
87
Heya...

See here for your answer :-

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Major challenges posted by globalization to small producers and workers...

√ Their market is captured by the internationally set up MNC'

√ They can't bear the heavy cost of technologies so remain backward...

√ Hack of resources , their resources are taken by large producers...

√ They are forced to closed their industries..

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Answered by Anonymous
5

Explanation:

1.These small-scale producers could not keep their cost of production low and hence, they lost their markets.

2. Globalisation and the pressure of competition significantly impacted the lives of workers in India. The producers could not sell their commodities at

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