Common man is such a class group of society which is middle class, deprived of facilities who somehow make their living by earning their living. Their income is lows. Globalization had both beneficial and harmful effects on the common man.
Beneficial Effects :
- Availability of modern resources : Modern resources become available to the common people for use. Many branded goods became available.
- Increase in employment potential : Globalization has led to industrial expansion extended. New areas of employment opened up.
- Availability of latest technology : As a result of globalization new and latest technology become available to the countries and people started getting aware of it.
Harmful Effects :
- Globalisation has increased unemployment.
- There has been a decrease in the hard work of men.
- Wrong consumption habits have developed.
- Corruption has increased in the society.
