Question

How has competition arising from globalisation benefited people in India? Section C​

Answer 1

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Competition from imported goods has benefitted people in India in the following ways (a) Indian producers have improved their technology and quality to compete with foreign goods. ... (b) Prices of Indian goods have reduced to match those of foreign goods and so buyers of these items have benefitted.

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Answer 2

Answer:

Competition from imported goods has benefitted people in India in the following ways (a) Indian producers have improved their technology and quality to compete with foreign goods. ... (b) Prices of Indian goods have reduced to match those of foreign goods and so buyers of these items have benefitted.