Question

Write a note on globalisation with suitable example

Answer 1

Globalisation means integration of one market of a country with the international market of several other nation.
Now a countries market is not only filled with the products produce in their own country but also produced in other country.
This lead, a variety of choice in front of the customers to choose the best one.
Globalisation also produce competition of local products with international products which lead to increase in quality and decrease in prices.

Hope you get ur answer.

Answer 2

$\huge\bf\green{\mid{\overline{\underline{ANSWER}}}\mid}$

$\Huge\orange{{\mathcal{ GLOBALISATION:-}}}$

➜ Globalisation refers to opening up economy for the World Trade is called as Globalisation .

➜ In simple words it refers to encouraging the domestic entrepreneurs to invest abroad and at the same time allowing foreign entrepreneurs to invest in India.

$\Huge\pink{{\mathbb{ SOME\: EXAMPLES\: ARE:-}}}$

➜ Restriction is removed on the movement of goods ,services capital and Technology from other countries to India .

➜ To get identification and recognition to Indian economy in the world market.

➜ Approving and encouraging foreign direct investment in to Indian economy .

➜ Approving and increasing movement of latest technology ,goods and services from other countries to Indian economy .