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Yaduraj
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Asked: 2021-01-17T05:17:50+00:00 In:

Describe any five advantages to consumers due to globalization and greater competition among producers.

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NCERT Important Questions for Class 10 Social Science Economics Chapter 4
Social Science Class 10 Economics
Globalisation and the Indian Economy 4
Important Questions
Long Questions

2020-2021cbsechapter 4class 10economicsglobalisation and the indian economyncertsocial science
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    1 Answer

      1. There is a greater choice before consumers along with competitive price.
      2. Then enjoy improved quality and lower prices for several products.
      3. They enjoy much higher standards of living that was possible earlier.
      4. Strengthening of Consumers Right like — Right to Information, Right to choose, Right to Be Heard, Right to Seek Redressal has been given to consumers.
      5. Legal rights of consumers have become more effective.

       

      For more answers visit to website:
      https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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