Economy, asked by Karan9913, 11 months ago

who are badly affected by the process of liberalisation and globalisation

Answers

Answered by priya831388
1

Explanation:

small scale business is almost destroyed,many companies make full control on the market

Answered by lovingheart
1

Domestic units especially small scale businesses are badly affected.

Explanation:

  • Liberalisation and globalisation enhance development as well as give bad effect.
  • Small scale industries are mostly affected.
  • Unbalanced development are occured.
  • Dependentancy of foreign nation was increased by globalisation.
  • Developed nations are affected by globalisation, because, fluctuation in prices of the product, jobs insecurity, fluctuation in the value of the currency, capital flows, terrorism and so on.
  • Liberalization enhance the growth rates in the short run period.
  • In liberalization, the import of the product is more compared to export of the product of the country.

To Learn More...

1.Advantages and disadvantages of liberalisation privatisation and globalisation

https://brainly.in/question/1782903

2.Discuss the impact of globalisation on Indian economy in about 250 words

https://brainly.in/question/8223010

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