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23 March, 08:24

Economic globalization forces local companies to compete with?

quality at the lowest price. As a result, products get

? To compete, businesses strive to offer the best

and more people are able to afford them.

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Answers (1)
  1. 23 March, 11:57
    0
    - higher

    - cheaper

    - products

    Explanation:

    The process of globalization has had huge influence in numerous aspects in the world, and one of them is the economy. By having a global free market economy, the companies started to compete with companies from all over the world. This fierce competition has led to production of higher quality products, while also experiencing a decrease in their prices. This resulted in having the products of highest quality, for cheaper prices on the market, so the people are able to afford them without any particular problem, something that was not the case in the past.
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