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what are its effects on the Indian economy?
Ans) It is largely positive. Globalization has brought a lot of jobs and large sums of investment to India. India's economy has been growing at exceptional rates for the past various years and many new opportunities have opened up for India. Yet, India does remain rather poor. Its GDP per capita is less than $2,000, a fraction of the GDP per capita found in some Latin American and Eastern European nations. Most of those who profit from globalization in India are the upper classes, with a lot of in the lower classes being displaced and suffering from miserable labor conditions. Nonetheless, globalization has make a large economic boom for India with largely positive effects Describe economics on the welfare and scarify of resources
The United States is considered to be an industrialized nation because we have such a high standard of living. Countries with lower standards of living are considered to be emergin
what is a wage? and the difference between real and nominal wages giving examples?
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Can i have a guide on a particular macroeconomics assignment? I have totally no idea on how to start it. Please reply and i will show the question.
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