
Write in brief about the shopping complex and malls.
Answer
560.7k+ views
Hint:In today’s time, consumerism has become very important for the business community of the world. These types of facilities have made people avail their necessary things easily at a competitive price.
Complete answer:
The Shopping complex and malls signify the business sector and private investment in consumerism.
The shopping complex and malls are establishing their monopoly by destroying the small traders and retailers at the primary level in this sector. The famous examples are Maxlife private limited, Reliance Trading private limited, Lifestyle Private Limited, Biba, Easy day, and others. These shopping complexes and malls have become an important part of people’s lifestyles. They contain everything needed for people's daily needs to occasional needs whether it is food, dressing, electronics, groceries, or other accessories. The busy schedule of the working people, students, and elite class has made them do shopping from a place where all the things can be accessed at one location. Everything is available at a competitive price.
Note:These shopping complexes and malls, however, are accessible to a few sections of the society, not all the sections, as they cannot afford even their necessities of daily life. So these are not inclusive in nature. They are created to make a profit. This also leads to relative poverty in the people and consequently many crimes as well. The situation is such that the business community is growing and growing and some sections are still in the same conditions. They are suffering and struggling in their lives.
Complete answer:
The Shopping complex and malls signify the business sector and private investment in consumerism.
The shopping complex and malls are establishing their monopoly by destroying the small traders and retailers at the primary level in this sector. The famous examples are Maxlife private limited, Reliance Trading private limited, Lifestyle Private Limited, Biba, Easy day, and others. These shopping complexes and malls have become an important part of people’s lifestyles. They contain everything needed for people's daily needs to occasional needs whether it is food, dressing, electronics, groceries, or other accessories. The busy schedule of the working people, students, and elite class has made them do shopping from a place where all the things can be accessed at one location. Everything is available at a competitive price.
Note:These shopping complexes and malls, however, are accessible to a few sections of the society, not all the sections, as they cannot afford even their necessities of daily life. So these are not inclusive in nature. They are created to make a profit. This also leads to relative poverty in the people and consequently many crimes as well. The situation is such that the business community is growing and growing and some sections are still in the same conditions. They are suffering and struggling in their lives.
Recently Updated Pages
Master Class 10 Computer Science: Engaging Questions & Answers for Success

Master Class 10 General Knowledge: Engaging Questions & Answers for Success

Master Class 10 English: Engaging Questions & Answers for Success

Master Class 10 Social Science: Engaging Questions & Answers for Success

Master Class 10 Maths: Engaging Questions & Answers for Success

Master Class 10 Science: Engaging Questions & Answers for Success

Trending doubts
What is the median of the first 10 natural numbers class 10 maths CBSE

Which women's tennis player has 24 Grand Slam singles titles?

Who is the Brand Ambassador of Incredible India?

Why is there a time difference of about 5 hours between class 10 social science CBSE

Write a letter to the principal requesting him to grant class 10 english CBSE

State and prove converse of BPT Basic Proportionality class 10 maths CBSE

