CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which one of the following is a positive impact of globalisation?

A
Workers are facing insecurity
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Small-scale industries are perishing
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Production of goods in the economy has expanded
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Gap between rich and poor has widened
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Production of goods in the economy has expanded
Positive impact of globalisation:-
  • Greater competition among producers resulting from Globalisation is a great advantage to consumers as there is greater choice before them.
  • Due to globalisation many MNCs have increased their investments in India.
  • Local companies supplying raw materials, to these industries have prospered.

flag
Suggest Corrections
thumbs-up
3
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Contribution of Manufacturing
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon