Question
Discuss how women’s prospects were affected by the intervention of globalized economy.
Answer :
Word Count : 849
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Skip in 10
The intervention of the globalized economy has significantly transformed women's prospects in work, employment, and productivity across the world. Globalization, characterized by the integration of national economies through trade, investment, technology, and the movement of capital, has created both opportunities and challenges for women. While it has increased women's participation in the labour market and expanded economic opportunities, it has also reinforced inequalities, insecurity, and exploitation in many sectors. One of the most significant positive impacts of globalization has been the expansion of employment opportunities for women. The growth of export-oriented industries such as textiles, garments, electronics, food processing, and business process outsourcing (BPO) has generated millions of jobs for women, particularly in developing countries. Multinational corporations have employed women because they are often perceived as disciplined, efficient, and adaptable to repetitive production processes. This has enabled many women to earn independent incomes, improve their social status, and contribute to household welfare. Globalization has also encouraged the growth of the service sector, including information technology, finance, hospitality, healthcare, education, and retail. These sectors have created professional employment opportunities for educated women, allowing them to enter occupations that were previously dominated by men. The spread of digital technology and remote working arrangements has further enabled women to balance employment with family responsibilities, especially in urban areas. Economic liberalization has promoted women's entrepreneurship by improving access to markets, finance, communication technologies, and global supply chains. Women-owned enterprises now have greater
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