In what way has globalization impacted consumers in the U.S. economy?

A)
Consumers have access to more variety at cheaper prices.

B)
Consumers have found prices increasing due to the limited avaliability of goods.

C)
Consumers have less income and therefore are able to buy less due to globalization.

D)
Consumers have access to more goods, but prices are much higher than if made in U.S.

Question

austingray1440otuhyu austingray1440otuhyu

03-01-2018
Geography

contestada

In what way has globalization impacted consumers in the U.S. economy?

A)
Consumers have access to more variety at cheaper prices.

B)
Consumers have found prices increasing due to the limited avaliability of goods.

C)
Consumers have less income and therefore are able to buy less due to globalization.

D)
Consumers have access to more goods, but prices are much higher than if made in U.S.

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h3robrine1603 h3robrine1603 · Answer 1 · 2018-01-03T21:14:51+01:00

h3robrine1603 h3robrine1603

03-01-2018

A. Globalization has impacted consumers by, having more choices on where to buy what you need keeping prices low.

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GeoPanther GeoPanther · Answer 2 · 2018-11-20T19:17:39+01:00

The correct answer is - A) Consumers have access to more variety at cheaper prices.

One of the biggest positives from the globalization, on the market of the United States, has been that the variety of products have been significantly increased, but also the prices have systematically been going down. This has made the consumers able to purchase much more things with the same amount of money, but also had given them the opportunity to purchase things that they weren't able to before the globalization took place.