Democratic government is legitimate government? Support the statement with arguments. A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.
Answers
Answer:
A wide range of goods is available in the Indian markets as a result of globalization.
1. Globalisation has led to the large-scale integration of the markets around the world. Goods and services provided by different countries are now available in the Indian markets, thus, giving a variety of choices to the consumers in India.
2. The investment by Multinational Corporations (MNCs) in industries such as cell phones, automobiles, electronics, and fast food services etc. has made the latest variety of various goods easily available.
3. Various foreign brands such as Sony, Samsung, Apple, MI etc.
have become extremely popular amongst the Indian consumers.
NOTE – Globalisation in today’s scenario is the most influential event affecting people all around the world. The multinational corporations have played the major role in interlinking markets of different countries together in a network of interdependence and interconnectedness.
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