5x1-5How do we feel the impact of globalization on our daily life ? Ex

1.	5x1-5How do we feel the impact of globalization on our daily life ? Explain withexamples.
Answer» Impact of Globalization: ●Globalization and greater competition among producers hasbeen of advantage to consumers. ●Greater choice before consumers. ●Availability of standard quality products at lower price. ●Foreign investments have increased in many areas like cell phones, auto mobiles, electronics, soft drinks, etc. ●New job have been created. ●Several of the units have shut down rendering many workers jobless. ●Globalization has also created insecurity of job.

5x1-5How do we feel the impact of globalization on our daily life ? Explain withexamples.

Answer»

Impact of Globalization:

●Globalization and greater competition among producers hasbeen of advantage to consumers.

●Greater choice before consumers.

●Availability of standard quality products at lower price.

●Foreign investments have increased in many areas like cell phones, auto mobiles, electronics, soft drinks, etc.

●New job have been created.

●Several of the units have shut down rendering many workers jobless.

●Globalization has also created insecurity of job.