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CBSE Class 10 Economics Question 11 of 15

Globalisation and The Indian Economy — Question 15

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15
Question

Question 13(iii)

Globalisation has led to improvement in living conditions

  1. of all the people
  2. of people in the developed countries
  3. of workers in the developing countries
  4. none of the above
Answer

none of the above

Reason — Globalisation has benefited well-off consumers and also producers with skill, education and wealth, many small producers and workers have suffered as a result of the rising competition.