Question

globalisation has been advantageous to both consumers well as producers . support the statement​

Answer 1

Answer:

globalization has led to an intense increase in industrial competition. as a result,producers are falling over each other to provide better and cheaper services to the consumer's, this is also resulted in reduction in the prices with the intention of globalization, producers, now have relatively free access to international markets also they can now avail more easily of the credit facilities forwarded in terms of capital and technology. this illustrated by the example of electronic goods and garments Industry. the process of globalization has benifited both the producers and consumers in this feild

Answer 2

ᴛʜᴇ ᴀᴅᴠᴀɴᴛᴀɢᴇs ᴏғ ɢʟᴏʙᴀʟɪsᴀᴛɪᴏɴ ᴀʀᴇ :

♨ ᴀʟʟᴏᴡᴇᴅ ᴛʜᴇ ᴘʀᴏᴅᴜᴄᴇʀs ᴛᴏ ʀᴇᴀᴄʜ ʙᴇʏᴏɴᴅ ᴛʜᴇɪʀ ᴅᴏᴍᴇsᴛɪᴄ ᴍᴀʀᴋᴇᴛ.

♨ ɪɴᴄʀᴇᴀsᴇᴅ ᴛʜᴇ ᴄʜᴏɪᴄᴇ ᴏғ ɢᴏᴏᴅs.

♨ ɪᴍᴘʀᴏᴠᴇᴅ ᴛʜᴇ ǫᴜᴀʟɪᴛʏ ᴏғ ᴘʀᴏᴅᴜᴄᴛ.

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