Social Sciences, asked by lakshminarayan355, 8 months ago

consumer getting more advantages of globalisation justify this statement​

Answers

Answered by Anonymous
3

Increased free trade and communication between nations, along with increased access to technology, media, education, healthcare, consumer goods, and other resources are often considered advantages of globalization.

Answered by PravinRatta
2

Every thing has two aspects. Similarly, globalisation has also two aspects. In some cases, globalisation is beneficial but on the contrary it has drawbacks too.

The following points emphasize the consumer benefits due to globalisation:

1. Globalisation has encouraged the competition in the market due to which prices of different stuffs and goods have been decreased.

2. Increased awareness among consumers of challenges from climate change and income inequality.

3. Due to globalisation, the per capita income has also been increased.

4. Consumers are also getting a wide range of choices in the market.

5. It has also availed different technologies and skills for the customers as well.

Similar questions