How do we feel the impact of globalization on our daily life? Explain with examples.

Explanation

Impact of Globalization in our daily life:
1. Transportation technology has made much faster delivery of goods across long distances possible and that too at lower rates.
2. The invention of computers, the internet, mobile phones, and fax has made contacting each other around the world quite easy.
3. New jobs have been created in industries where MNCs have invested.
4. The prices of various products have come down due to competition among producers and manufacturers.
5. People are getting more employment because some Indian companies have become multinational themselves due to globalization.