Choose the given statement is true/false:

Fair globalisation is a necessity for all.

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True

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Detailed Solution

The given statement is true.
Fair globalisation is a necessity for all. To make globalisation more beneficial, it should ensure that its benefits are shared more widely, and government policies must favour the interests of all the people in the country and all the nations [whether developed, developing or underdeveloped]. One problem with the globalisation process is that the one who lags becomes a victim of the development. If globalisation is more beneficial, it must reach every country's corner so people can benefit from it rather than suffer. People with education, skills, and wealth have made the best use of new opportunities, and thus, the pace of fair globalisation is necessary.

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