How is globalization advantageous for the consumers? Please give 3 points...
Answers
Answered by
1
For the consumers:
1.Choice of goods have enhanced;
2.Prices have become competitive;
3.Availability of world class products and services;
4.Higher standards of living For the producers.
5.Expansion of market in other countries ...
1.Choice of goods have enhanced;
2.Prices have become competitive;
3.Availability of world class products and services;
4.Higher standards of living For the producers.
5.Expansion of market in other countries ...
quest2:
hope it will help u
and plzz mark brainlist if u like the ans
Thanks!
Answered by
0
Globalization has been advantageous for both producers and consumers.
Example: When a foreign company starts up an industry in our country, then they get cheap labour or raw material from here, in this way the producers are profited. When their products come into market consumers will have a wide variety of choices to choose, which type of product they wish, in this way consumers will be benefited.
Example: When a foreign company starts up an industry in our country, then they get cheap labour or raw material from here, in this way the producers are profited. When their products come into market consumers will have a wide variety of choices to choose, which type of product they wish, in this way consumers will be benefited.
Similar questions