Explain how globalization has caused some goods to be cheaper.
Globalization has caused some goods to be cheaper
Globalization has increased competition among the companies and increases the overall scale of business operations. Moreover, the countries are connected with each other and sharing various products and work operations with each other. It shows that overall scale of the business operation and economic activities have increased that have changed the market trends and overall behavior of the customers. First of all, the increasing competition at international level results in the cheap rates of products. On the second number, the increase in the supply of products from various national and international sources have resulted in the availability of cheap products and material.