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Globalisation has led to improvement in living conditions:

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Question

Globalisation has led to improvement in living conditions:

Options

  • of all the people

  • of people in the developed countries

  • of workers in the developing countries

  • none of the above

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Solution

None of the above

Explanation:

Globalisation has benefited wealthy customers as well as producers with skill, knowledge, and wealth; yet, many small producers and workers have suffered as a result of increased competition.

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Chapter 4: Globalisation and the Indian Economy - Exercises [Page 73]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 4 Globalisation and the Indian Economy
Exercises | Q 13. (iii) | Page 73
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