Economy, asked by kollipara6551, 1 year ago

How os the bangle industry of firozabad a curse for tue bangle makers?

Answers

Answered by Anonymous
1

Answer

Bangle makers are trapped in a a vicious circle of the shahukars , the middlemen, the policemen, the keepers of law, the bureaucrats and the politicians. Their evil nexus does not let them be free. Approximately 20,000 children work in the glass furnaces with high temperatures, in dingy cells without air and light, often losing the brightness of their eyes. Thus the bangle-makers of Firozabad live in a state of perpetual poverty and exploitation.

Answered by N3KKI
64

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Therefore, firms that can build switching costs into their offerings may deter entry. In a low-growth market with high entry costs, a new firm may be unable to cover.....

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