Question

write a paragraph on Positive and negative effects of globalisation..​

Answer 1

Answer:

Some argue that globalization is a positive development as it will give rise to new industries and more jobs in developing countries. Others say globalization is negative in that it will force poorer countries of the world to do whatever the big developed countries tell them to do.

Globalisation has made MNCs the big player of the market because they have capital in abundance. Such a concentration of economic power leads to convenience of political and social power. ... It adversely effects social policy and reduces the role of state activities for the benefits of welfare of the common peopleGlobalization has brought benefits in developed countries as well as negative effects. The positive effects include a number of factors which are education, trade, technology, competition, investments and capital flows, employment, culture and organization structure