Globalization …show more content… Eventually, they boosted the Indian economy very enormously. ![]() The biggest companies are no longer known as the national firms but are now referred to as multinational corporations with subsidiaries in several countries and continents. Globalization has increased the production of goods and services all around the world in every sector. Globalization is the process through which the world is rapidly becoming interconnected as a result of substantially increased trade activities and cultural exchange. Discuss the impact of globalization on this location, with particular reference to business activity, and highlight positive and negative impacts on the people who live and work in the area. 1) Select a location with which you are familiar.
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