"Globalisation and greater competition among producers has been advantageous to consumers."Support the statement with examples.
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Answered by
12
Hey
Globalisation is exchange of goods when one person copies another to compete them it led to indiscriminate production of goods
This led to decrease in prices of that particular article
Fir example:; production of Mausambi (sweet lemon) was less in punjab
when some of the farmers adopted production of this then it becomes very efficient production due to which consumer got alot of profit due to decrease in price
Hope this helps
Mark me brainliest
Globalisation is exchange of goods when one person copies another to compete them it led to indiscriminate production of goods
This led to decrease in prices of that particular article
Fir example:; production of Mausambi (sweet lemon) was less in punjab
when some of the farmers adopted production of this then it becomes very efficient production due to which consumer got alot of profit due to decrease in price
Hope this helps
Mark me brainliest
Answered by
17
1.Now there is more choice for the consumers in the markets.
2.The consumers now have products of better quality.
3.Due to competition price of various products have come down.
4.It also help the people to live a better life.
2.The consumers now have products of better quality.
3.Due to competition price of various products have come down.
4.It also help the people to live a better life.
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