money has be dignified by indigenous environment, swallowed by cultural values of entire organization and killed cottage industry . examine and diagnose the major pillars of the statement.
Answers
Answer:
In the present time, there are many types of products being produced, which are made at a very cheap price, which can be brought by anyone. Such cheap prices are possible because the products are produced in mass by machines, which helps in decreasing the overall expenses of the items manufacturing, as compared to the items made by hand.
Explanation:
The reason for selling items at cheap prices, there are many cottage industries who are not highlighted and the industry is being diminished due to the indigenous dignified environment.
Answer:
Now lets see……. You literally need to understand the importance of Money for us today!
Explanation:
The moment we speak of money and financial system, it is obvious that we are pointing out towards our market and economy. Within our ever evolving society, it has been seen how the importance of money has changed the way we trade today.
Apart from this, we also understand that today, not much of our cultural values are in demand. Earlier, money was basically used for trading goods that were produced using traditional means and methods of production.
Simply speaking of the manufacturing industry, in the earlier times, people often traded in different types of goods manufactured by different manufacturers. Today the entire trade system has been affected by manufacturing industries.
Now no longer you find goods that are a produce of the cottage industries. Hand made products and goods are no more in demand.
Simple hand made handicraft goods that once offered with trades to poor and village people and small scale industries, are no longer in demand. Cottage industries and handicraft industries are affected a lot as they have been replaced by mass manufacturing units.
These mass manufacturing units often make use of recycle raw materials and are able to produce the same good, in mass numbers.
This further lowers the demand in the available market and at the same time lowers the cost of manufacturing. But at the same time, this system has also reduced the job opportunities for cottage industries in global platform.