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

1 Answer

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

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