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What is Understanding Globalization and Its Impact about?

Globalization is the integration of economic, political, and cultural systems globally, driven by technological advancements. In India, it began in the early 1990s with liberalization policies that opened the economy, leading to significant growth and a burgeoning middle class. While globalization has merits like economic growth and cultural exchange, it also has demerits such as increased inequality and environmental degradation.

Author

MADHU

Language

EN