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Question
Explain the following concept with example.
Marketisation
Short/Brief Note
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Solution
Globalisation led to increase in production which in turn has reuslted in large-scale marketisation. Large-scale markets have provided people with options to choose from. Moreover, marketisation is an essential feature of urban centres today.
Example: There are numerous prodcuts in a shopping mall. Even within each product range, there are multiple options.
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