Which one of the following is not true regarding impact of globalization in India? (a) It has created jobs in the service sector. (b) People with education, skill and wealth have not been benefitted. ( c) Benefits of globalization are not shared equally. ( d) Labour laws are not implemented properly and workers are denied their rights.
Answers
Answer:
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
Under globalization the countries that hitherto closed to trade and foreign investment open up their economies and go global. The result is increasing interconnectedness and integration of the economies of the world.
Under globalization more and more goods and services, investments and technology are moving between countries.
In addition to goods, services, investments, and technology, there is a movement of people who move from one country to another in search of better income, better jobs or better education.
Explanation:
Answer:
Which one of the following is not true regarding the impact of globalization in India--
Explanation:
(a) It has created jobs in the service sector.
(b) People with education, s,kill, and wealth have not benefitted.
( c) Benefits of globalization are not shared equally.
( d) Labour laws are not implemented properly and workers are denied their rights.
Answer: (b) People with education, skill, and wealth have not benefitted.
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