Describe the impact of globalization on the lives of consumers. -SST 10th

Describe the impact of globalization on the lives of consumers. -SST 10th
by

1 Answer

Answer :

(a) Globalization has improved the productivity of products which controlled the rate of inflation. (b) Wide variety of products are available in the markets due to globalisation which has improved the standard of living of the consumers.
by

Related questions

Describe the impact of globalization on Indian economy with examples. -SST 10th

Description : Describe the impact of globalization on Indian economy with examples. -SST 10th

Last Answer : 1. Globalisation and greater competition among producers have been of great advantage to the consumers who are now offered a wide variety of choices with low prices in the market particularly the ... example - The Indian Company producing a magazine for the London based company, call centers etc.

Globalization has been advantageous to consumers as well as to producers.' Support the statement with suitable examples. -SST 10th

Description : Globalization has been advantageous to consumers as well as to producers.' Support the statement with suitable examples. -SST 10th

Last Answer : Globalisation has been advantageous for consumers and producers: 1. Consumers now enjoy numerous choices as well as better quality since it is now an international market. 2. Competition ... the Indian companies have themselves become MNCs themselves like Tata Motors, Infosys, and Ranbaxy.

With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging upon a global norm. C. So different that they can be ignored by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.

Description : With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging ... by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.

Last Answer : Converging upon a global norm.

“The impact of globalization has not been uniform.” -SST 10th

Description : “The impact of globalization has not been uniform.” -SST 10th

Last Answer : While globalisation has benefited well-off consumers and also producers with skill, education and wealth, many small producers and workers have suffered as a result of the rising competition. Removal ... .g., MNCs and Workers, MNCs and Local Manufacturers/industries, withdrawal of subsidies, etc.

Analyze the Impact of globalization. -SST 10th

Description : Analyze the Impact of globalization. -SST 10th

Last Answer : Positive:- 1.Wide variety of good is now available to the consumers. 2.New jobs are created in industries. 3.Local companies have prospered through supplying raw materials to the ... among various countries. 3.It may lead to greater dependence of underdeveloped countries on advanced countries.

Analyze the impact of globalization on the world economy. -SST 10th

Description : Analyze the impact of globalization on the world economy. -SST 10th

Last Answer : Globalization through Multi-national Corporations (MNCs) has had a profound impact on the world economy with intense interlinking of production across the globe. 1. MNCs usually set up production units ... the globe. This process, in turn, has contributed to the growth of globalization process.

‘‘The impact of globalization has not been uniform’’. -SST 10th

Description : ‘‘The impact of globalization has not been uniform’’. -SST 10th

Last Answer : It is true that the impact of globalisation has not been uniform. This can be explained through following points : (a) It has some negative impacts on employment and real wages. Ushering in of ... rd of national product originated in agricultural sector, this share has come down to 23% in 2004-05.

What is the impact of globalization on the earth?

Description : What is the impact of globalization on the earth?

Last Answer : Globalization opens us up to new ideas and cultures. In terms of trade, it widens the range of products that are available and lowers prices. On the other hand, globalization results in greater homogeneity ... developments and industrial malls, with no clue as to what part of the world you are in.

What is the impact of globalization on human rights?

Description : What is the impact of globalization on human rights?

Last Answer : Globalization has its winners and losers with the expansion of trade, market, foreign investment, developing countries have seen the gaps among themselves widen. The imperative to liberalize has demanded ... a wave of privatization, cutting jobs, slashing health, education and food subsidies,etc.

What is the impact of globalization? [A] It has led to new challenges for women [B] It has not changed the fundamental inequality of gender relationship in the world enough [C] It has created new areas of women’s development [D] All of the above

Description : What is the impact of globalization? [A] It has led to new challenges for women [B] It has not changed the fundamental inequality of gender relationship in the world enough [C] It has created new areas of women’s development [D] All of the above

Last Answer : [D] All of the above

Describe the major problems created by the globalization for a large number of small producers and workers. -SST 10th

Description : Describe the major problems created by the globalization for a large number of small producers and workers. -SST 10th

Last Answer : Globalization for small producers and workers . It may lead to widening of income inequalities among various countries . Workers jobs are no longer secure. . Expansion of unorganized sector. . Small ... workers are on the whims of employers. . Workers are denied their fair share of benefits.

What is the impact of globalisation on the consumers of India? -SST 10th

Description : What is the impact of globalisation on the consumers of India? -SST 10th

Last 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 ... As a result, these people today enjoy much higher standards of living than was possible earlier.

To gain market share Lada entered car markets with a comparatively low price. One of the negative side effects of taking this pricing position is A)a negative impact on consumers' perceptions of quality. B)competitors can match the price. C)a high return on investment levels affecting tax balances owed. D)poor survival chances in the market.

Description : To gain market share Lada entered car markets with a comparatively low price. One of the negative side effects of taking this pricing position is A)a negative impact on consumers' perceptions of ... high return on investment levels affecting tax balances owed. D)poor survival chances in the market.

Last Answer : A)a negative impact on consumers' perceptions of quality.

There was the world before the Internet and the world after. What do you think will be the next big thing to have such an irreversible impact on our daily lives?

Description : There was the world before the Internet and the world after. What do you think will be the next big thing to have such an irreversible impact on our daily lives?

Last Answer : Machines that can think for themselves and then eventually rebel. Skynet/Cylons/Geth.

So you think 6th sense technology will impact our lives?

Description : So you think 6th sense technology will impact our lives?

Last Answer : Great link! Thanks for sharing! I'm fascinated by the technology, and I do think a lot of it will come to fruition in the next decade. Overall, this would be extremely useful technology. ... just don't want my other views/activities to be quite so visible to complete strangers. Great question!

Give a list of major pollution can lay an impact on our lives? -Geography

Description : Give a list of major pollution can lay an impact on our lives? -Geography

Last Answer : The major types of pollution are : 1. Air Pollution: It occurs when the atmosphere is filled with undesirable gases like Sulphur dioxide and Carbon Monoxide. The particles that settle down ... creates noise pollution. This affects heart rate, blood pressure, stress, and psychological effects etc.

What impact has information and technology had on our lives ?

Description : What impact has information and technology had on our lives ?

Last Answer : Information technology is having both beneficial and detrimental effects on our lives. Just as information technology has made our daily work easier, so has our physical labor. Moreover, ... very difficult to eliminate the harmful aspects by adopting the beneficial aspects of information technology.

Impact of violence in women's lives - ?

Description : Impact of violence in women's lives - ?

Last Answer : The effects of violence on women's lives are complex and frightening.

what impact does knowing what goes on around us affect how we live and deal with conflict in our lives

Description : what impact does knowing what goes on around us affect how we live and deal with conflict in our lives

Last Answer : Need Answer

What communication device had the Biggest impact on the lives of native Americans in the mid 1800s?

Description : What communication device had the Biggest impact on the lives of native Americans in the mid 1800s?

Last Answer : Need answer

What is the impact of technology on our lives?

Description : What is the impact of technology on our lives?

Last Answer : Ans: Technology in many ways has a positive influence because it makes lives easier; from communicating with others to cooking and running a business. At the same time technology can have a slightly negative influence because it can make us lazy and take things for granted.

Analyse any five positive effects of globalization on the Indian economy. -SST 10th

Description : Analyse any five positive effects of globalization on the Indian economy. -SST 10th

Last Answer : 1. Globalisation and greater competition among producers have been of great advantage to the consumers who are now offered a wide variety of choices with low prices in the market particularly ... of governments and the increasing levels of globalization have turned the world into a global village.

A wide-ranging choices of goods are available in the Indian markets.' Support the statement with examples in the context of globalization. -SST 10th

Description : A wide-ranging choices of goods are available in the Indian markets.' Support the statement with examples in the context of globalization. -SST 10th

Last Answer : A wide range of goods is available in the Indian markets as a result of globalization. 1. Globalisation has led to the large-scale integration of the markets around the world. Goods and ... brands such as Sony, Samsung, Apple, MI etc. have become extremely popular amongst the Indian consumers.

In spite of Globalization, creating good quality products and expanding market, how is it affecting the stability in jobs for the workers ? -SST 10th

Description : In spite of Globalization, creating good quality products and expanding market, how is it affecting the stability in jobs for the workers ? -SST 10th

Last Answer : Globalisation has affected the stability of jobs of the workers: 1. To maximize profits, employment is given flexibly i.e. the jobs of the workers are not secure. 2. To get large orders, ... 3. Workers have to do much longer shifts because of low wages and are provided no benefits either.

How has information and communication technology stimulated globalization process ? Explain with examples. -SST 10th

Description : How has information and communication technology stimulated globalization process ? Explain with examples. -SST 10th

Last Answer : Globalization as a process of increasing interconnectedness has changed the map of the entire world with the most efficient services that have come up in recent times. Right from the growth of ... electronic mails (email) and talk (voice mail) across the globe at considerably low costs.

Explain the role of multinational corporations in the globalization process. -SST 10th

Description : Explain the role of multinational corporations in the globalization process. -SST 10th

Last Answer : 1. Globalization is a process of rapid interdependence and interconnectedness amongst the countries of the world. The Multinational Corporations (MNCs) have played a major role in stimulating and spreading ... the globe. This process, in turn, has contributed to the growth of globalization process.

What is meant by 'fair globalization ? -SST 10th

Description : What is meant by 'fair globalization ? -SST 10th

Last Answer : Fair globalization means that there must be employment generation for everyone and the benefits of globalisation should not be unequally shared.

How has improvement in technology stimulated the globalization process ? Explain with five examples. -SST 10th

Description : How has improvement in technology stimulated the globalization process ? Explain with five examples. -SST 10th

Last Answer : Improvement of technology has stimulated globalization: 1. There have been many improvements in transport section which helps in export and import of goods. This increases trade relations between countries ... . People living in two different countries can easily be in touch with minimal prices.

How has globalization benefitted India ? Explain with five examples. -SST 10th

Description : How has globalization benefitted India ? Explain with five examples. -SST 10th

Last Answer : Globalization has benefitted India: 1. The investment of MNCs in India has increased over the past decades. They have been invested in industries like electronics, fast food, services ... Some Indian companies themselves have become multinational companies like Tata Motors, Infosys, Ranbaxy etc.

Explain the role of technology in stimulating the process of globalization. -SST 10th

Description : Explain the role of technology in stimulating the process of globalization. -SST 10th

Last Answer : Role of technology in globalization: 1. There have been many improvements in transport section which helps in export and import of goods. This increases trade relations between countries. 2. Since ... people. People living in two different countries can easily be in touch with minimal prices.

Explain any three advantages of globalization. -SST 10th

Description : Explain any three advantages of globalization. -SST 10th

Last Answer : Three advantages of globalization: 1. Consumers now enjoy numerous choices, better quality and lower prices for most of the products. 2. Numerous jobs have been created by the work of the ... production methods due to competition. Some of them have become MNCs themselves like Infosys and Ranbaxy.

What is globalization ? Explain with three examples how top Indian companies have benefitted from globalization. -SST 10th

Description : What is globalization ? Explain with three examples how top Indian companies have benefitted from globalization. -SST 10th

Last Answer : Globalisation is the process of rapid integration or interconnection between countries due to the movement of goods, services, and people. Multinational Companies contribute a lot to this process. Top ... 3. Many Indian companies have themselves become MNCs like Tata Motors, Ranbaxy, and Infosys.

Explain the role of government to make globalization fair. -SST 10th

Description : Explain the role of government to make globalization fair. -SST 10th

Last Answer : Globalization refers to the process of transmission of ideas, goods, and services across national boundaries. It is the level of growing interconnectedness among countries. For example The impact of ... similar interests in the fight against the domination of the developed countries in the WTO.

How can the government ensure that globalization is fair and its benefits are shared in a better way by all ? -SST 10th

Description : How can the government ensure that globalization is fair and its benefits are shared in a better way by all ? -SST 10th

Last Answer : 1. The government policies can protect the interests of the rich and the poor alike. For example - In the interest of all, the government can ensure that labour laws are implemented ... countries with similar interests in order to fight against the domination of developed countries in the WTO.

Choose the correct option. Globalization, by connecting countries, shall result in -SST 10th

Description : Choose the correct option. Globalization, by connecting countries, shall result in -SST 10th

Last Answer : B - Greater competition among producers. As the producers, from all over the world are competing in similar market arena, this has induced greater competition among them.

What is globalization ? -SST 10th

Description : What is globalization ? -SST 10th

Last Answer : 1. Globalization is a process of rapid interdependence and interconnectedness amongst the countries of the world. The Multinational Corporations (MNCs) have played a major role in stimulating and spreading ... the globe. This process, in turn, has contributed to the growth of globalization process.

What do you understand by globalization ? Explain in your own words. -SST 10th

Description : What do you understand by globalization ? Explain in your own words. -SST 10th

Last Answer : Globalisation refers to the process of integration between countries such that there is a greater flow of goods, services, capital and labour among them. This process is making world into ... can have R&D, Manufacturing unit and distribution zone, being located all separately in different location.

What is globalization ? -SST 10th

Description : What is globalization ? -SST 10th

Last Answer : Globalisation means unification or intergration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalization to its people in ... and can align with developing countries to stand against the domination of developed countries.

Analyse any three impacts of globalization in India. -SST 10th

Description : Analyse any three impacts of globalization in India. -SST 10th

Last Answer : Impacts of globalization in India are as follows : (a) It improves the productivity and efficiency in the use of resources through the process of competition. (b) Growth rate of economy has gone up with ... (c) It allows the consumers to enjoy a wider range of goods and services at a lower cost.

Discuss the factors that led to the end of Bretton Woods system and the beginning of globalization. -SST 10th

Description : Discuss the factors that led to the end of Bretton Woods system and the beginning of globalization. -SST 10th

Last Answer : (i) End of Bretton Woods came with the US dollar no longer commanding confidence in the world's principal currency. From 1960's the rising cost of overseas investment weakened the US ... has been transformed as countries such as India,China and Brazil have undergone rapid economic transformation.

Discuss the factors that led to the end of Bretton Woods System and the beginning of globalization. -SST 10th

Description : Discuss the factors that led to the end of Bretton Woods System and the beginning of globalization. -SST 10th

Last Answer : The important reasons behind the end of Bretton Woods system are: (i) Decline in economic power of the USA. (ii) Change in the international financial system. (iii) Unemployment in ... wages. (v) Changes in China: China became an attraction destination for investment by foreign MNCs.

After 1990 globalization has caused difficulties to Indian farmers, how do you think the lot of farmers can be improved in India? -SST 10th

Description : After 1990 globalization has caused difficulties to Indian farmers, how do you think the lot of farmers can be improved in India? -SST 10th

Last Answer : Farmers are unable to compete with foreign agricultural products. To improve their condition and prevent farmer suicides, various suggestions are as follows: (i) Genetic engineering can help to ... of crops from only cereals to highvalue crops which can grow easily in Indian climatic conditions.

What is Globalization ? -SST 10th

Description : What is Globalization ? -SST 10th

Last Answer : Globalisation means unification or integration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalisation to its people in ... and can align with developing countries to stand against the domination of developed countries.

“Foreign trade is an important component of globalization”. -SST 10th

Description : “Foreign trade is an important component of globalization”. -SST 10th

Last Answer : (i) Foreign trade implies exchange of goods and services across the countries. (ii) It helps to expand the size of market for producers. (iii) Producers and consumers can get commodities produced in any part of the world. (iv) It works to integrate markets in different countries.

Describe some of your duties as consumers if you visit a shopping complex in your locality. -SST 10th

Description : Describe some of your duties as consumers if you visit a shopping complex in your locality. -SST 10th

Last Answer : Every consumer has certain rights and duties: While going to a shopping mall he should exercise the following duties: He should be able to differentiate between branded and duplicate ... should create consumer awareness organizations and educate the locality people about their rights and duties.

Question 6: Describe some of your duties as consumers if you visit a shopping complex in your locality. -Economics 10th

Description : Question 6: Describe some of your duties as consumers if you visit a shopping complex in your locality. -Economics 10th

Last Answer : Some of my duties as a consumer if I visit a shopping complex include checking expiry dates of the products I wish to purchase, paying only the maximum retail price printed on the goods, ... forum or court in case a seller refuses to take responsibility for an adulterated or flawed product.

AB InBev plans takeover/merger with SABMiller and it has been suggested that Coke could be the next target. Do you see this globalization of the market as a positive or negative, and who wins/loses most?

Description : AB InBev plans takeover/merger with SABMiller and it has been suggested that Coke could be the next target. Do you see this globalization of the market as a positive or negative, and who wins/loses most?

Last Answer : answer:Probably not a good idea. We have been in a period of massive takeovers and mergers for quite some time now and the result is less competition and bigger corporations. These aguys are ... wouldn't want to see interference from an international body on domestic business nor does one exist.

Are you for or against globalization?

Description : Are you for or against globalization?

Last Answer : I'm neither for nor against globalization, per se. What I oppose are the very existence of corporations, entities that exist only under the wording of the law. They're owned by nobody, and nobody ... for them. And if a private owner can grow a business internationally, I have no problem with that.

What would you focus on in a presentation on Globalization and the Internet?

Description : What would you focus on in a presentation on Globalization and the Internet?

Last Answer : What does on cons on Globalization mean? Do you mean to cons? If so, what is (are) cons? Who is the audience? Also, how are you defining globalization? Are you knowledgeable about ... other panelists or presenters or what? Or is this a school assignment, and you can pick any random topic?

what are some non examples of globalization?

Description : what are some non examples of globalization?

Last Answer : Objects that are inside your house and on you.