Question

A wide ranging choice of goods are available in the indian markets or any other. I have query in it.​

Answer 1

★ Correct Question ★

" A wide ranging choice of goods are available in the indian markets. " Support the statement with example in context of globalisation.

For this you have to know :

Globalisation :

• Globalisation means integrating the economy of a country with the economies of other countries under conditions of free flow of trade and capital and movement of persons across borders$.$

★ Answer ★

We have a wide variety of goods and services before us in the market.

• The latest model of the products.
• Every season new models keep coming.
• Good connection between countries.
• A similar explosile of brandss can be see.

NOTE :- Refer to the attachment for the detailed answer.

Answer 2

Answer:

Answer:-

•   Globalisation refers to the integration of the economy of the country with the world economy.
• It is a system in which goods, services, investment and people move freely across the political boundaries.

Production across countries:-

• Until the middle of twenteith country, production was largely organised within countries.
• What crossed the boundaries of this countries were raw materials, food stuff and finished products.
• Colonies such as India exported raw material and food stuff and imported finished goods.
• Trade was the main channel connecting distant countries. This was before large companies called multinational corporations (MNCs) emerged on the scene