Question

write an article on globalization in about 150 -180 words

Answer 1

Explanation:

Hey Mate !!

Here is your answer :

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GLOBALISATION :

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The rapid integration of countries is called as Globalisation. It is the major change started in late 20th century. This has economic, political, cultural dimensions. The benefits of Globalisation is uneven. As, it benefits the skilled workers. It also benefitted the multi national companies. Many unskilled workers were hard hitting by the Globalisation. Small scale industries were closed down. This Globalisation interlinked the trades between the countries.

The Globalisation resulted high quality products with low price. Multi National companies have increased their investments in india due to this Globalisation. This is beneficial to them. Several Companies in india were emerged as Multi National companies themselves. The Globalisation resulted in development of markets. The markets were integrated in this period.

The impact of Globalisation is good and bad. As, it diluted the demarcations of countries. It promoted the mostly used language and the local languages were dissappeard. Globalisation resulted the removing of trade barriers in India. It supported the liberalisation. Globalisation also supported flexibility of labour laws.

HOPE THIS HELPS U.

Answer 2

Concept introduction:

The word "globalization" is used to describe how commerce and technology have increased connectivity and interdependence around the world. The resulting economic and societal developments are also included in the scope of globalization.

Explanation:

Given that, the topic Globalization.

We have to find, an article on the given topic globalization.

According to the question,

Globalization

Nations, corporations, and individuals all interact differently as a result of globalization. To be more precise, it alters the character of economic activity between countries by fostering trade, opening up global supply networks, and granting access to natural resources and labor markets. Economic, cultural, and political globalization are the three main categories used to categorize globalization in academic literature. A broader variety of goods, services, and customers are sought after by corporations through globalization, which aims to provide them a competitive advantage with reduced operational costs. Because it needs more highly trained labor at lower wages, globalization may raise the unemployment rate. Without a doubt, globalization has benefited many developing nations, since they now have access to our markets and can export affordable goods.

Final Answer:

Globalization have both good and bad effect but in future we need globalization in order to progress in every field.

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