who are badly affected by the process of liberalisation and globalisation
Answers
Answered by
1
Explanation:
small scale business is almost destroyed,many companies make full control on the market
Answered by
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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