CBSE Class 10 Social Science 2016 Term 2 Set 3 Delhi Paper

Question : 6 of 9

Marks: +1, -0

"Globalisation and greater competition among producers has been of advantage to consumers." Justify the statement with examples.

Solution:

Globalisation and competition among producers is an advantage to consumers because of the following reasons:
(i) There is a greater choice for consumers.
(ii) They enjoy improved quality and lower prices for products.
(iii) They enjoy higher standards of living that was not possible earlier.

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