CBSE BOARD X, asked by Anonymous, 8 months ago

How has competition benefited people in India? ​

Answers

Answered by kuravi
5

Answer:

competitions related globalisation through MNC's have benifited India in many ways -

1. Indian industries have taken many technological skills from the mnc companies.

2. indian companies have partnership with the mnc's that result in further progress of the industries.

3. globalisation made india interconnected with other countries and help in taking a position in world trade organisatins.

4. indian people and markets are benifited as the competition in the foreign goods and national goids made the prices low and serivces cheaper.

5. people enjoy these good and services from near by markets also at a low price.

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