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How has globalisation been advantageous to both the producers as well as consumers in india

Posted by Isita Kour?? 6 years, 5 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 6 years, 5 months ago

Yes globalisation has been advantageous for both producers and consumers.
Example: when a foreign company starts up a industry in our country , then they get cheap labour or raw material from here, in this way the producers are profited.
When their products come into market consumers will have wide variety of choices to choose,which type of product they wish, in this way consumers will be benefited

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