Which one of the following is NOT a negative impact of globalisation?

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Widening of income inequalities

Environmental degradation

Better quality products

Exploitation of labour markets

answer is C.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

“Better quality products” is not a negative impact of globalisation; instead, it is one of the pros.
The adverse effects of globalisation are:
1)      There is increased income inequality in the country due to globalisation. Moreover, rich countries have benefitted more than developing ones.
2)      Many local producers have to shut their businesses down due to their inability to handle the competition.
3)      To provide goods and services at competitive prices, producers try to save on costs by lowering wages, ensuring long working hours, and denying the workers various social benefits. Thus, they exploit the workers to increase their profits.
4)      Due to globalisation and increased production, there is severe environmental degradation.

Watch 3-min video & get full concept clarity