1.

Globalization has been advantageous to both producers and consumers in India. Explain the statement.

Answer» For consumers 1 choices of goods have enhanced. 2 prices have become competitive. 3 availability of world class proudest and services. 4 higher standard of living For producers 1 expansion of market in other countries.2 investment in newer technology and production techniques 3 enhanced production standards4 new opportunities for companies providing services, particularly in IT
For consumers...Now there r many choices offered to them and jst bcoz of globalisation stiff competition occurs soo all the producrs now can\'t exploit the cnsumers....For producers. Large market is now available Fir them


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