Economy, asked by rimikalyngdoh6, 5 hours ago

How does Globalisation contribute to rise in standard of living of people​

Answers

Answered by kbeniwal776
1

Answer:

In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.

Answered by poojaasivaraman2006
0

Answer:

In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.

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