Question

Write a shiort note on globalisation and its impact on indian economy

Answer 1

Here Is Your Ans ⤵

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✔globalisation is the interconnection between the counties through foreign trade and foreign investment by MNCs

impact of Globalisation on indian economy :-

➡Top companies raised their production standards due to completion

➡some large companies became MNCs

➡through this employment is creating

➡ more choices and cheap products are available through globalisation

standard of living increased

➡small companies couldn't face the competition and their production stoped

➡domestic products are not growing

➡through globalisation

➡transportation facilities improved

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