Which of the following statement is true regarding "Globalisation"?

1. Market driven Globalisation has widened the economic disparities among nations and people.
2. It has compromised the welfare and identity of people belonging to poor countries.

both 1 and 2

Points which stand against globalisation are:

1. It is a strategy of the developed countries to expand their markets in other countries.
2. It has driven economic disparities among nations.
3. It has compromised the welfare of people belonging to poor countries.
4. It does not work on the principle of equity.