Question

Explain the impact of globalisation in india on consumers

Answer 1

Impact of globalisation in Indian's consumer

Globalisation and greater competition among producers—both local and foreign—have been of advantage to consumers, particularly the well-off sections in the urban areas.

There is a greater choice before these consumers who now enjoy improved quality and lower prices for several products.

As a result, these people today enjoy much higher standards of living than was possible earlier.




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Answer 2

Globalization is a significant factor in competitive world that integrate and mobilize cultural value of people at global level . In the age of rapid technical progession ,many countries are unified and transformed due to the process of globalization . globalization has a huge impact on cultural ,social,montary , political and commual life of countries . Abundant the oretical studies demonstrate that globalization intercedes in a cultural life of populace that raises numerous crirtical issues globalization means combinations of economics and societies through cross country flows of information ,ideas , technology,goods ,services , capital , finance ,and people