Globalization and greater competition among producers has been advantageous to consumers”. Support the statement with example.
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Answer:
It is correct that globalisation and greater competition among the producers and the companies who brand the product for selling it has been leading to Greater advantages of the consumers or the people buying a particular product
Explanation:
When there are a lot of options off brands for a single product then the buyers can choose the products that suit their needs and will give them a discount.
for example, if we want to buy a particular soap we check different brands and the ingredients the soap is made up of. looking for more brands eventually results in getting a profit and a better product from what we expected
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