Question

how has competition benefited people in India​

Answer 1

Answer:

the competition increased the quality of goods and the consumers are getting wide range of choices

the rate or price of goods is also decreased

Answer 2

Question: How has competition benefited people in India?

Answer: Competition has benefited the people in India in the following ways:

• The Indian producers have improved their technology and the quality to compete with foreign goods...
• The prices of the Indian goods have reduced to match those of foreign goods, and so, the buyers of these items have benefited...
• There have been increased joint ventures between foreign and Indian companies, which have improved the business of both, and have also created employment opportunities...

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