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How social aspect affects economy?

Updated: 4/13/2022
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Wiki User

10y ago

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If it's market economy, the domestic market gets affected as cheap foreign products flood the market. It is well nigh impossible for domestic sellers to compete with the MNCs having big infrastracture of their own. As a result, either they are perished or find it almost impossible to survive in the competitive scenario.

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Emie Howe

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2y ago
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