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Question

The impact of globalisation has not been uniform. Explain this statement.

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Solution

"The impact of globalisation has not been uniform". It has only benefitted skilled and professional person in urban not the unskilled persons. The industrial and service sector has gained much in globalisation than in agriculture. It benefitted MNCs on domestic producers and the industrial working class. Small producers of goods such as batteries, capacitors, plastics, toys, tyres, dairy products and vegetable oil have been hit hard by competition from cheaper imports.


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