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Have traditional patterns of consumption been radically changed by globalization?

Have traditional patterns of consumption been radically changed by globalization?

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Answer #1

Yes, it has changed and it has changed for the countries which say yes to globalization.

  1. This is due to the fact that the entrance of many new players in the market
  2. Availability of many substitute products
  3. Availability of many alternatives
  4. Goods and services are available at a cheaper cost
  5. It is also due to multiple ways of shopping like online, offline etc.
  6. Need and development due to globalization
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