Analyze the Impact of globalization

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.