Question

Answer the following:

1. How are the prices of quality produces affected due to globalisation?

2. What has been the impact of globalisation on the Indian students?

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Answer 1

Answer:

*Prices of good quality products comes down because of the cutthroat competition in the market. In this way ,the prices of quality products affected due to globalization. ... => Foreign products has affected the local Indian industries adversely to a great extent resulting in the job loss to poor and uneducated workers.

** There is immense effects observed in educational sector due to globalization such as literacy rate become high and Foreign Universities are collaborating with different Indian Universities. ... With the foreign goods being better than the Indian goods, the consumer preferred to buy the foreign goods.

Answer 2

Answer:

1) Prices of good quality products comes down because of the cutthroat competition in the market. In this way ,the prices of quality products affected due to globalization. ... => Foreign products has affected the local Indian industries adversely to a great extent resulting in the jo

b loss to poor and uneducated .

2) There is immense effects observed in educational sector due to globalization such as literacy rate become high and Foreign Universities are collaborating with different Indian Universities. ... Globalization increased competition in the Indian market between the foreign companies and domestic companies.

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