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Answer» Positive Effects of Globalization: - Large Scale Production
- Increased Competition
- Availability of improvised, economical technology
- Reduction in price of the product 202 or service
- Opportunity for employment generation
- Creation of infrastructural facility in the country
- Increase in spread of education
- Setting up of new industry becoming easy
- The whole world has become global village and
- Freedom from political bureaucracy and red tapism
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