Economy, asked by faisuo7, 11 months ago

Indian economy-advantages and disadvantages?

Answers

Answered by SanyaBhasin

Answer:

Please refer the attachment...

Attachments:

SanyaBhasin: ok

faisuo7: ok thank u very much you are too good.

SanyaBhasin: your welcome

faisuo7: I am new so I find difficulty thats all

SanyaBhasin: no issues

faisuo7: you are in which standard.

SanyaBhasin: 9th

SanyaBhasin: you?

faisuo7: I am in 10th thanks

faisuo7: hello sanya

Answered by aimenbatool2001

Answer:

Advantages -

Inflow of foreign exchange, technologies, latest equipments and expertise

Creation of infrastructure like building, housing for employees

Better quality products at comparable price due to economies of scale

Payment of various taxes thus increase in government revenue

Increase in employment both direct and indirect.

Stiff competition due to large production

Disadvantages -

Entry of foreign companies will displace already existing small and unorganized businesses

May result in monopoly in some fields.

Reparations of profit under guise of dividend payment.

Explanation:

faisuo7: your answer is also nice but this was same ans.

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