advantage to consumers

Cards (3)

  • lower prices
    goods produced in countries with lower labour costs and fewer regulations can be significantly cheaper. this increases consumer purchasing power and provides access to a wider range of affordable products.
  • increased choice
    globalisation opens up markets, giving consumers access to products from all over the world. this expands choice beyond locally available goods, offering greater variety and access to specialised items
  • improved quality
    competition on a global scale encourages manufactures to improve the quality of their products to attract consumers. this can lead to better design, durability and performance