Analyze the Impact of globalization.
- Wide variety of good is now available to the consumers.
- New jobs are created in industries.
- Local companies have prospered through supplying raw materials to the industries.
- Top Indian companies have benefitted for successful collaborations wit,h foreign companies.
- Globalization may not help in achieving sustainable development.
- It may lead to widening of income inequalities among various countries.
- It may lead to greater dependence of underdeveloped countries on advanced countries.