Introduction
Globalization, with the 1991 LPG reforms have ensured proliferation of MNCs and global brands altering consumption patterns and behaviour.
19 words
Main Body
Globalization, with the 1991 LPG reforms have ensured proliferation of MNCs and global brands altering consumption patterns and behaviour.
It has served more choices for the consumers in the same category. Ex: from Ford to Tesla in the automobile segment.
Increased disposable incomes have ensured consumption for recreation. Ex: Wendow shopping popularity
led to the prevalence of fast fashion instead of traditional patterns. Ex: Zara, Armani
Globalization, with the 1991 LFG reforms have ensured proliferation of MNCs and global brands altering consumption patterns and behaviour.
Globalization — Altered Consumer Behaviour
Ex: from Ford to Tesla in the automobile segment.
Ex: Window shopping popularity
Ex: Zara, Armani
lead to national solidarity/hostility
ex: Peninsular values
NEGATIVES:
It can erase unique culture of tribal communities.
ex. Khasi Tribe with Matriarchal customs
May incite hostility and hatred to the tribe in question.
ex. Sentinelese and Charoppen
Imposition of mainstream culture may violate tenet of unity in Diversity.
while assimilations such as FRA have ensured tribal assets, we need to build more trust for tribal-tribal integration for 'Unified Bharat' by 2047.
- Clear linkage between LPG and globalization effects
- Concrete examples from automobile and fashion sectors
- Demonstrates changed consumption patterns
- Well-structured progression of ideas
Amrit Mahapatra
Globalization and Social Empowerment
Globalisation and culture
Globalization and Consumer Behaviour
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