Globalisation and greater competition among producers …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Anshika / U Can Call Me Alien ???? 6 years, 10 months ago
- 4 answers
Neha Sirur 6 years, 10 months ago
Anshika / U Can Call Me Alien ???? 6 years, 10 months ago
Honey ??? 6 years, 10 months ago
Test
Related Questions
Posted by Vansh Singh 1 year, 4 months ago
- 1 answers
Posted by Sai Sravika Godavarthi 3 months, 3 weeks ago
- 1 answers
Posted by Armaan Ali 1 year, 4 months ago
- 1 answers
Posted by Sudhanshu Choudhry 1 year, 5 months ago
- 1 answers
Posted by Anisha Grover 3 months, 2 weeks ago
- 0 answers
Posted by Kapil Dev Saroye 1 year, 4 months ago
- 0 answers
Posted by Siddhanth Aravind 1 year, 1 month ago
- 0 answers
Posted by Sakshi Patel 2 weeks, 2 days ago
- 1 answers
Posted by Shristi Pandey 1 month, 3 weeks ago
- 0 answers
Posted by Chirag Jindal 1 year, 5 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Yogita Ingle 6 years, 10 months ago
Globalisation and greater competition amongproducers-both local andforeign, has been of advantage to consumers in the following ways
(i) Companies have invested in new technology to raise their production quality to compete with the MNCs, thus, ensuring that consumers get better quality products and be satisfied.
(ii) Indian companies have collaborated with MNCs to produce more functional and advanced products, thus, benefitting the consumers.
(iii) Consumer can enjoy improved quality at lower prices for several products. This has led to higher standard of living.
(iv)Due to competition the prices of various products had come down.
(v) The well off section of people in urban areas got much of the benefits of globalisation.
1Thank You