question_answer

Explain any four negative consequences of globalisation for the people of India.

Answer:

Negative affects of globalisation on the people of India are:

(i) An Indian company bought a major rival company based in Europe, despite protests by some of the current owners.

(ii) Many retail shopkeepers fear that they would lose their livelihoods if some major international companies open retail chains in the country.

(iii) A film producer in Mumbai was accused of lifting the story of his film from another film made in Hollywood.

(iv) A militant group issued a statement threatening collage girls who wear western clothes.