Question

what are impect of globilation on consumer os india​

Answer 1

Answer:

Impacts of globalisation in India are

(i) It has improved the productivity and efficiency of Indian companies in the use of resources through the process of competition.

(ii) The growth rate of the economy has gone up with the increase in foreign investment and foreign technology in India.

(iii) It has allowed the consumers to enjoy a wider range of goods and services at lower costs.

Explanation:

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Answer 2

Answer:

Globalisation and greater competition among producers—both local and foreign—have been of advantage to consumers, particularly the well-off sections in the urban areas. . There is a greater choice before these consumers who now enjoy improved quality and lower prices for several products.