Business Studies, asked by aniketotari8321, 1 year ago

How Have Customers Benefited By Increased Competition After Liberalisation And Globalisation?

Answers

Answered by tapaswi25
6

There were some restrictions and regulations in the economy related to private sectors and market which were liberalised with the condtion from WTO .

Later they have got freedom to decide the price in the market also types of goods to be produced.

But after the globalisation there were no proper benefits to customers and also there were negative impacts on developmental and welfare expenditures.


tapaswi25: For complete and accurate explaination pls refer NCERT text book.
tapaswi25: Economics
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