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MNC are playing an important role in globalisation process ". Justify the statement by giving any three suitable arguments.



1)bring foreign exchange to country
2)invest in the manufacturing sector of country that leads to economic development of country
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If climate change is the key process in the natural world impacting on sustainable development, then globalisation is the parallel process in the human world, creating both opportunities for, and barriers to, sustainable development.

This interconnectedness amongst humans on the planet is sometimes also referred to as the ‘global village’ where the barriers of national and international boundaries become less relevant and the world, figuratively, a smaller place. The process is driven economically by international financial flows and trade, technologically by information technology and mass media entertainment, and very significantly, also by very human means such as cultural exchanges, migration and international tourism. As one commentator remarked, we now live in a networked world.

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