What are the reasons for economic marginalisation?

Business

1 answer:

Verdich [7]3 years ago

3 0

Answer:

People can be marginalised due to multiple factors, like gender, geography, ethnicity, religion, displacement, conflict or disability. Poverty is both a consequence and a cause of being marginalised.

For example you can take adivasis

Adivasis are becoming increasingly marginalised because they are losing their lands and access to the forests. Due to these things they lose their main sources of livelihood and food.

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Market researchers for a local bakery determined that Jewish people consume 63% of the portion of bagels sold in New York City.

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Subcultural

Explanation:

Consumer behaviour refers to how individuals make decisions on ways to spend their available resources, time, money, and effort on variety of items.

A society is composed of several sub-cultures in which iindividuals can identify themselves. A Subculture is a group of people within a culture who are different from the dominant culture but have something in common with one another such as common interests, religions, ethnic backgrounds.

Culture is considered an external factor that influences consumer behavior. Since different cultures have different values, they will have different buying habits. A typical example is the Jewish people that purchase about 63% of bagels that is sold in New York City.

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As more and more business continues to grow the more rigorous internalization become the more trade takes place between the markets and the entrepreneurial efforts of small firms tend to eliminate the MNE concept to maintain high-quality levels while adapting to those of the other cultures and markets.

Certain trade theories have been, made which highlight this aspect like the Absolute cost advantage, Comparative cost advantage, and the Gravity model of trade.

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