SSC
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Globalisation has led to to improvement in living conditions
|
|
of all the people
|
|
|
of people in the developed countries
|
|
|
of workers in the developing countries
|
|
|
none of the above
|
Explanation:
Detailed explanation-1: -One of the benefits of globalization is that more workers are able to compete within the labor market as a whole. In general, this competition is beneficial for everyone, since it provides the opportunity for people to work and for employers to keep costs low by utilizing a large labor pool.
Detailed explanation-2: -Globalisation’s negative impact on employment Globalisation leads to increased competition between companies, which can result in closures, offshoring and job losses..
There is 1 question to complete.