What are the advantages to foreign companies setting in India?

The advantages to foreign companies in setting up production in India are following: (i) They can get cheap labour in India. (ii) They can spend the least on housing facilities for workers. (iii) Minimum additional expenses, such as housing facilities for workers.

What are the advantages to foreign companies setting in India Class 8?

The advantages of foreign companies in setting up production in India are: (i) Foreign companies get cheap labour. Wages that the companies pay to workers in the USA are far higher than what they have to pay to workers in India. (ii) Additional expenses such as for housing facilities for workers are also cheaper.

What are the advantages to foreign companies in setting up a production in India?

The advantages to foreign companies in setting up production in India are following: (i)They can get cheap labour in India. (ii)They can spend the least on housing facilities for workers. (iii)They can cut cost by providing lower working conditions including lower safety measures.

How can laws ensure that markets work in a manner that is fair give two examples Class 8?

Answer: Laws can ensure that markets work in a fair manner. The frequently upgraded Minimum Wages Law ensures that workers are not exploited and over-worked by companies that hire them. Also, a law keeping checks on the quality of production makes sure that sub-standard goods do not enter the market.

THIS IS FUN:  You asked: Who is the most famous Indian writer?

How can laws ensure that markets work in a manner that is there give two examples to support your answer?

Give two examples to support your answer. Two examples: (i)The government should regularly inspect working condition and punish the violators. (ii)The government should monitor the activities of individuals or private companies, if they are adhering to safety standards.

How can government ensure that markets work in a manner that is fair and just?

Law can ensure that markets work in a manner that is fair by ensuring the enforcement of the law in letter and spirit. Law against hoarding and black marketing must be enforced in such a way that stringent punishment is given to the violators of the law and the hoarded goods must be forfeited.