SELECT * FROM question_mgmt as q WHERE id=10669 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=9 AND subId=46 AND chapterId=330 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 10th social-science-understanding-economic-development Globalisation and the Indian Economy ldquo the impact of globalisation has not been un

Question:

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

Answer:

The impact of globalization has not uniform because it has benefitted only the
rich and developed countries. The developing countries are only a sources of setting industries and getting cheaper labour and the entire profits are earned by
the developed countries. Many small manufactures with low capital have not been able to withstand the competition from the large MNCs. Workers are now
employed flexibility in the face of growing competition. This has reduced their job security.


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  • Answered by Ekta Mehta
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