DISADVANTAGES OF IMPORTS, SMART ZOMBI'S.

DISADVANTAGES OF IMPORTS:


SETBACK TO LOCAL INDUSTRIES:

Although import creates healthy competition and becomes instrumental to the improvement of quality but this state of affair is not acceptable to the industrialists and producers because they have their own individual interests which are badly hit; only a few of them strive successfully to meet the challenge and survive but most of them disappear from the competitive market proving the survival of the fittest.
CONSUMPTION OF FOREIGN EXCHANGE:

Every country attaches extreme importance to the foreign exchange and strive hard to maximize its earning, and try to spend it very carefully. Its use on the import of essential items as raw materials, machinery, and other industrial goods is rather desirable. But, on the other hand, if it is developing or underdeveloped countries it will be harmful for the economy.

PUBLIC TASTE & CULTURE:

People tend to prefer imported goods to locally manufactured ones owing to their prices and quality, and consequently foreign products capture the local market. These products are so strong that they manage to change the taste and culture of the society. The main vitim and sufferer, hence, is the local industry which begins to contract - creating unemployment in the country.