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What is globalisation? Explain two positive and two negative impact of it.

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atics pecialise in mba / economics students of all levels

Globalisation has major positive impact of huge world markets cutting across countries bringing A)Huge Consumerism& quality of life for all , quicker GDP & mass production & negatives are 2 or more.. namely 1)widened income divide across developed & developing unequal countries 2) massive...
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Globalisation has major positive impact of huge world markets cutting across countries bringing A)Huge Consumerism& quality of life for all , quicker GDP & mass production & negatives are 2 or more.. namely 1)widened income divide across developed & developing unequal countries 2) massive poverty & unemployment in developed  countries like India & the like.. dr K S Velmurugan Associ Professor of Economics Pondicherry 

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