How does globalisation affect different people?a)It affects everyone in the same wayb)It affects everyone differentlyc)It affects only people in developed countriesd)It affects only people in developing countriesCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

Globalisation has far-reaching effects on everyone, but the impact is different for different people. While it may create new opportunities for some, it can also result in the loss of livelihood for others, as seen in the example of women silk spinners and twisters of Bihar losing their jobs due to the entry of Chinese and Korean silk yarn in the market.

Answer

Understanding Globalisation's Impact
Globalisation is a multifaceted phenomenon that influences individuals and communities in diverse ways. Its effects vary significantly based on geographical, economic, and social contexts.

Economic Opportunities
- **Developed Countries**: Individuals may experience job creation in high-tech sectors but face job losses in traditional manufacturing due to outsourcing.
- **Developing Countries**: People often find employment in global supply chains but may encounter low wages and poor working conditions.

Social and Cultural Effects
- **Cultural Exchange**: Globalisation fosters cultural exchange, enabling people to experience diverse customs, languages, and lifestyles.
- **Cultural Homogenisation**: Conversely, it can lead to the dominance of certain cultures, sparking concerns about the loss of local traditions.

Access to Resources
- **Information and Technology**: Globalisation enhances access to information and technology, benefiting educated individuals who can leverage these tools.
- **Digital Divide**: Those in remote or impoverished areas may struggle to access these resources, widening the gap between different social groups.

Environmental Consequences
- **Resource Exploitation**: Globalisation can lead to environmental degradation as countries exploit natural resources to meet global demand.
- **Global Awareness**: On the positive side, it encourages global awareness of environmental issues, prompting collective action.

Conclusion
The impact of globalisation is not uniform; it shapes experiences based on various factors such as location, economic status, and social conditions. Understanding these nuances is crucial for addressing the challenges and opportunities that arise in an interconnected world.

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