In recent years, many small local shops have closed because customers travel to large shopping centres or malls to do their shopping. Is this a positive or a negative development?

It is apparent that people nowadays prefer to shop from the larger retail entities like malls which in turn has resulted in shutting down of local businesses, which do not have the resources to compete with

such

corporate giants. It is my opinion that

such

change may be suitable for the consumers early on but it eliminates the alternative which gives way to exploitation by

such

corporate behemoths.

Firstly

, it may be beneficial to the buyer to shop from

such

places as they are presented with lots of options to choose from, but

this

pattern ensures shutting down small competitors, resulting in

monopoly

Suggestion

a monopoly

in the market. As the time goes by, there will be no competition in the marketplace, and these giants will

then

start to take advantage of the situation by increasing their prices.

For instance

, if you have only one place left to buy clothes from and you desperately require them, you will be forced to pay whatever the price would be.

Secondly

, due to the large scale operation, these companies do provide jobs at

first but

Accept comma addition

first, but

eventually as there is no competition, wages paid are meagre and quality of life suffers. Since, smaller shops are engulfed by enterprises, joblessness increases, and people are left with no choice but to work

at

Suggestion

on

such

ventures. As there are limited options for the workforce, employers take advantage of

this

and pay the minimum wage.

Hence

, over-dependence on

such

corporations results in lesser quality of life.

For example

, it is reported that an American citizen can no longer afford to provide for a family by doing a single job which provides just legally mandated salaries. In conclusion, the phenomenon of changing buying patterns may seem to have advantages at

first

like more choices and increased employment opportunities. But

this

pattern does result in monopolistic tendencies taken by these enterprises.

Hence

, in the long run there are more drawbacks from

this

changing scenario.