Tag Archives | Merits and Demerits

Merits and Demerits of Economic Globalisation

Merits of Global Economy: The economic globalisation has many good effects. At first, when the multi-national companies enter into a country they open factories for their production. So, the local people get job. Thus, it helps in eradicating unemployment. Image Source: gpaspectrum.files.wordpress.com/2014/04/fair-economic-system.jpg Secondly, by the investment of capital, the sick industries of a country become workable. Production [...]

By Vikram Rana|2015-08-08T12:45:44+05:30July 9, 2014|Articles|Comments Off

What are the Merits and Demerits of Feudalism?

Merits of Feudalism: Feudalism had many merits. At first, it saved the common men from the foreign invaders. By saving people from the clutches of invaders and plunders, it created a healthy society. Secondly, the feudal Lords were able to save the common men from the tyranny of the King. The common men get respite. A healthy society was created [...]

By Vikram Rana|2015-08-08T12:45:50+05:30July 9, 2014|Articles|Comments Off