countries are becoming more and more similar because people are able to buy the same products anywhere in the world. Do you think this is a positive or negative development?
Due to the globalisation and open economy, people are able to purchase the similar kind of goods and services across the globe. In my opinion,
this
is a positive progress as it will yield enormous benefits to the mankind which we will discuss in the this
essay.
Firstly
, when will people buy the identical products in any corner of the world
, it will flourish World
Trade. It will create healthy competition among the manufacturer as consumers will be well aware of the product's pricing as well as quality. Hence
, it will force them to sell at the reasonable rates to sustain in the market. As a result
, customers will get items of their choice cheaper with enhanced quality. Secondly
, it will build the confidence among the public that they are not cheated and looted as prices are constant. For instance
, price for the iPhone is same in America region where its owner resides. However
, it will not have an impact on price on
other countries where they are sold.
Suggestion
in
Finally
, it will help to nurture the diverse culture of the world
. Few products are associated with ethenic
, regional and religious sentiments. denoting or deriving from or distinctive of the ways of living built up by a group of people
ethnic
Athens
Therefore
, when products are available in the different parts of the world
, it will carry the tag of specific value related to it which will help to exchange the thoughts, values and history along with it. Also
, when people accept the products manufactured in the other part of the geography, they are embracing the good along with respecting the culture. For instance
, Western cloths
are very much appreciated in Asian countries which will highlight the unity in the diversity.
In conclusion, availability of the similar products for business purpose will benefit the civilisation for inclusive financial growth as well as to respect the cultural differences. clothing in general
clothes
Hence
, it should be encouraged by the governments throughout the world
by providing the legal assistance and safeguards.Submitted by ajay wadkar on
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