Question

In recent history, _______ has significantly improved the economic situation in India.

Answer 1

Answer:

globalization

Explanation:

• In the recent past, the advent of the globalized society has given rise to the improved economic situation and the increase of the world integration and the increase of the interaction of resources and the people among the nation has given a major thrust to the rapid transboundary movement of goods and services.

• Mostly benefiting the less developed or develop of nations like India with the technology transfers and the rise in the skilled and semiskilled labor industry. These gave a boost to the service sectors and the competition among the corporates.

• The internalization of the standards of the production and the enhancements in the distribution of trade, culture and the food values overseas.

Answer 2

The right answer for the question that is being asked and shown above is that: "globalization." In recent history, globalization has significantly improved the economic situation in India. Globalization really brings a lot of economic improvement of a certain country.