Describe the major problems created by the globalization for a large number of small producers and workers. -SST 10th

1 Answer

Answer :

Globalization for small producers and workers . It may lead to widening of income inequalities among various countries . Workers jobs are no longer secure. . Expansion of unorganized sector. . Small manufacturers have been hit hard due to severe competition. . Several units have been shut down rendering many workers jobless. . Lives of workers are on the whims of employers. . Workers are denied their fair share of benefits.

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