How can reduction of export of primary goods improve people's lifestyle

Social Studies

1 answer:

viktelen [127]2 years ago

7 0

Answer: Exported goods are those which are ordered or brought to the native place from a foreign place.

Explanation:

The exported goods are expensive in price and they can affect the overall productivity cost of a good which makes that good unaffordable for the local people and it reduces the demand of that good. So, if the primary goods are prepared in the native place the overall productivity cost of a final good will reduce people will able to afford it and it will help them to meet their daily requirements. For example, silk fabric is one of the most expensive fabrics and it is ordered from a foreign place. If people learn to create this fabric they will be able to produce the primary good that is the silk fabric for their clothes this will reduce the overall productivity cost of silk clothes and people can afford them and use them.

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