Question

What is impact of globalization on the consumer of the India write any 3 points

Answer 1

- Globalisation and greater competition among producers both local and foreign producers has been a great advantage to consumers, particularly he well off sections in the urban area...
- There is a great choice before these consumers who now enjoy improved quality and lower prices for several products...
- As a result,these people today enjoy much higher standard of living than was possible earlier...

Answer 2

Explanation:

. Globalisation made greater competition among producers both local and foreign producers. Consumers get improved quality product at lower price. MNCs have increased their investment in India.