Final Prodject
Storyboard Text
- Today we are learning about Globalization and the things it did to India
- GLOBALIZATION
- Where going to start with pros and cons
- ProsShift from Import- Substitution to Export- Led growth strategyForeign Capital InflowsGlobalisation and transfer of technologyIncreased Market AccessFaster Economic Growth and Poverty ReductionEmployment Argument
- ConsUnequal Economic GrowthLack of local businessesIncrease potential global recessionsExploits cheaper local marketsCauses job displacement
- Where going to talk about the effect it has on businesses and workers
- Globalization encourages companies to internationalize and to substantially increase the volume and types of cross-border transactions in goods, services and capital. Also, the globalization leads to rapid dissemination and diffusion of products, technology and knowledge in the world, regardless of the origin.
- Some MNCs in India are tapping export markets and are helpful in improving the overall exports of India and thereby help in reducing trade deficits. MNCs helps host countries in maintaining better relations not just with their home countries, but also with the countries that they have trade relations
- Where going to talk about International companies effetcing India
- That's everything for today but first tell me what you think is it helpful or hurtful.
- GLOBALIZATION
- Hurtful
- Helpful
- Helpful
- Hurtful
- THE END
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