Question

Q. How have a markets been transformed in recent years explain with current examples. [Please answer according to 3 marks] ☺

Answer 1

Transformation of our markets :

(a) There is a wide choice of goods and services before us in the market.The latest models of digital cameras, mobile phones and televisions made by the leading manufactures of the world are within our reach.

(b) Every season new model of automobile can be seen on Indian roads and the Indian are buying vehicles produced by the top companies of the world.

(c) A similar explosion of brands can be seen for many other goods from shirts to televisions to processed fruit juices.

Answer 2

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