Single Answer MCQ
Q-00045532
What impact does globalisation have on traditional industries in developing countries?
1
It solely benefits local producers
2
It can lead to increased competition and disruption
3
It prevents modernization and growth
4
It eliminates jobs in all sectors
Answer and Solution
Answer
B. It can lead to increased competition and disruption
Solution:
Globalisation often increases competition that can disrupt traditional industries, requiring them to modernize or adapt to survive. The other options present misconceptions about globalisation's effects.
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