CBSE · Class 10 · Social Science · Economics: Globalisation and the Indian EconomyGlobalisation has led to improvement in living conditions of:
Step-by-Step Solution
Globalisation has led to improvement in living conditions of well-off consumers in urban areas. They have greater choice and enjoy improved quality and lower prices for several products.
Detailed Options Breakdown
Option : All the people
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Globalisation and the Indian Economy.
Option 1: Workers in the developing countries
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Globalisation and the Indian Economy.
Option 2: Well-off consumers in urban areas (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: None of the above
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Globalisation and the Indian Economy.
💡 Study Guide: This question tests core syllabus concepts from Economics: Globalisation and the Indian Economy. For formulas, key summaries, and mock exam reference guides, read the full Economics: Globalisation and the Indian Economy Revision Notes.