Banner 0
Banner 1
Banner 2
Banner 3
Banner 4
Banner 5
Banner 6
Banner 7
Banner 8
Banner 9

Q.

When Chinese toys invade the domestic market:


see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.
An Intiative by Sri Chaitanya

a

The sale of Indian toys will rise

b

The sale of Indian toys will fall.

c

The sale of Chinese toys will fall.

d

Not enough information to determine 

answer is B.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

JEE

NEET

NEET

Foundation JEE

Foundation JEE

Foundation NEET

Foundation NEET

CBSE

CBSE

Detailed Solution

When Chinese toys invade the domestic market, the sale of Indian toys is bound to fall.
Before globalisation opened up the Indian market for foreign products, toys were produced by Indian craftsmen using traditional handicraft techniques. They were made of long-lasting materials like wood and had a lot of work to make every single item. When the market opened up, toys mass-produced in factories using cheap plastic were more comfortable for people to buy, mainly due to low costs. This set aside the Indian toys and led to a fall in demand and sales.
 
Watch 3-min video & get full concept clarity
score_test_img

courses

No courses found

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

best study material, now at your finger tips!

  • promsvg

    live classes

  • promsvg

    progress tracking

  • promsvg

    24x7 mentored guidance

  • promsvg

    study plan analysis

download the app

gplay
mentor

Download the App

gplay
whats app icon
personalised 1:1 online tutoring