Question

How are our markets transformed in recent years? Explain with examples.

Answer 1

1. We have a wide choice of goods and services before us.
2. The latest models of digital cameras, mobile phones and televisions made by the leading manufacturers of the world are within our reach.
3. Every season, new models of automobiles can be seen on Indian roads. Gone are the days when Ambassador and Fiat were the only cars on Indian roads.
4. Today, Indians are buying cars produced by nearly all the top companies in the world.
5. A similar explosion of brands can be seen for many other goods: from shirts to televisions to processed fruit juices.