Chapter 4

NCERT
Class 10
Economics
Solutions
11. Fill in the blanks. Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________.

Question:

Fill in the blanks.

Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover,the rising number of brands that we see in the markets might be producedby MNCs in India. MNCs are investing in India because ______________________________________________________ . While consumershave more choices in the market, the effect of rising _____________ and____________has meant greater _________________among the producers.

Answer:

Globalization, foreign trade, here they are getting proper conditions, big markets like them, cheap labor etc., exports, liberalisation, competition.

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