Globalization is defined as the increasing economic and social ties between countries through the spread of multinational corporations and capitalist ideals. It leads to greater economic integration and interconnection on a global scale. Examples of globalized companies include Pepsi, Coca-Cola, Nestle, Facebook, and Amway. While globalization has increased competition and consumer choice in India through foreign investment and products, it has also negatively impacted small local industries and businesses and potentially increased income inequality and environmental degradation. The impact of globalization on India's economy has been a mix of benefits and costs, and policymakers must work to maximize the positives while minimizing the negatives of this phenomenon.

1. SAFFRON PUBLIC SCHOOL, PHAGWARA
Submitted To:-
Mr. Singh
Submitted By:-
Rajesh kumar
Roll No. 8
Class:- L.K.G
Presentation
On
Globalization

2. Definition:-
 The movement towards the expansion of economic and
social ties between countries through the spread of
corporate institutions and the capitalist philosophy that
leads to the shrinking of the world in economic terms
 The process by which PEOPLE, THEIR IDEAS and THEIR
ACTIVITIES in DIFFERENT PARTS OF THE WORLD become
INTERCONNECTED or INTEGRATED
 Globalization as a term is new but the Process is not …
 It shows how the world has “shrunk” and how people, goods
and information can be moved easily around the world

3. EXAMPLES OF GLOBALIZATION-PEPSI, COKE,
NESTLE, FACEBOOK, AMWAY, BLACKBERRY, TATA,
MC DONALDS, SATYA PAUL, HONDA, VERSACE…

4. Impact of Globalisation in
India
Greater competition among producers - both
local and foreign producers has been of
advantage to consumers.
There is greater choice before these
consumers who now enjoy improvedquality
and lower prices for several products.
Foreign investment has increased.

6. HIGHER LIVING
STANDARDS
DEVELOPMENT OF
INFRASTRUCTURE
NEGATIVE
EFFECTS
CUT THROAT
COMPETITIONS
RISE IN
MONOPOLY
POSITIVE
EFFECTS

7. Advantages….
• Globalization gives a larger
market. `
• Increases standard of
living.
• Exchange of knowledge,
information and culture at
international level.

8. • SELECTION AND CHOICES
OF GOODS AND SERVICES.
• MUTUAL UNDERSTANDING
AMONG THE NATIONS
INCREASED AND WORLD
BECAME A BETTER
MARKET.

9.  Globalization Creates Unemployment In Developed Countries.
 The Business And The Big Companies Are The Only Winner In Globlization
 It Can Increase Spread Of Communication
Diseases.
 Harmfull Effects On Small Industries And Small Business.
Harmfull Effect Of Consumerisum.
 Companies Face Much Greater Competition .

12. IMPACT OF GLOBALIZATION
1) Economic Impact
• Improvements in Standards of Living
• Increased Competitions among Nations
– Investment and Market
– Talent
• Widening Income Gap between the Rich and Poor
2) Social Impact
• Increased Awareness of Foreign Culture
• Loss of Local Culture
3) Economic Impact
• Environmental Degradation
– Deforestation and Related Problems
– Global Warming
– Environmental Management

13. CONCLUSION
 The impact of globalization on Indian economy is A
critical fusion of rewards and costs
 Certain economic indicators like GDP growth, foreign
direct investment,, forex reserves etc. had A positive face
but indicators like unemployment, poverty, education,
health, social issues were not so up to the mark.
 In such situation of projections and expectations, the
role of Indian policy makers is certainly very crucial.
 They have to adopt such policies and execute such
programs, which can optimize the positive effect and
minimize the evil effects of this most talked about
phenomenon called globalization