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archie asked in Arts & HumanitiesHistory · 9 years ago

why things are costly in usa,,,and britain..than india..?

y all the things are very costly,, just because they are in dollars..

2 Answers

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  • Anonymous
    9 years ago
    Favorite Answer

    the cost of a product is decided by what it costs to produce and get it to the marketplace.]

    they have lower taxes and fewer restrictions.

    a product may be fake or dangerous,nobody cares.

    besides there is a huge amount of potential customers,more the the UK and USA put together.

    the more you sell the less you need to charge.

  • 9 years ago

    Mostly because of wages.

    E.g., in Canada, the person working in the shop is making at least $10 an hour, and could be making a lot more. So, the price of the items has to be high enough to pay his wages (and benefits). And, the person driving the truck from the warehouse makes $15 an hour, and the person driving from the factory to the warehouse about $25 an hour. And so on. All these things make the items more expensive than in India, which has much lower wages.

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