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Question

What are the of Globalisation?

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Solution

Merits of Globalisation:
(a) Globalisation states that social, cult of ural, scientific and economic activities of the people of the entire world are crossing national boundaries and are coming closer to each other.
(b) Today Globalisation is mainly used in the context of world economic activities.
(c) Globalisation has led to the opening of world markets.
(d) It has helped in an increase in production.
(e) It has also promoted individual skills and initiatives taken by people.
(f) It has now made trade, consumer oriented.
(g) Big national companies have now become multinational and are busy in promoting Globalisation.

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