Edzy
Single Answer MCQ
Q-00015734

What effect did the introduction of Chinese toys have on the Indian toy market?

1

Indian toys became more popular

2

Chinese toys were more expensive

3

Choice increased for Indian buyers

4

Indian toy production was unaffected

Reviewed & Verified by Edzy Expert

Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. Choice increased for Indian buyers

Solution:

The introduction of cheaper and more innovative Chinese toys increased choice for Indian buyers, allowing them to choose between domestic and foreign products and ultimately leading to a decline in sales of Indian toys.

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