part of college activity for future and present comparison of India's growth from a MBA point of view... (done through secondary sources and personal insights about the given topic of food vs goods)
2. +
SYNOPSIS
FOOD is a Commodity.
GOODS is an Economic representation for various
things.
Food & Goods both of these prices have increased
drastically in recent past and threatens to increase
even further!!!!
Each has its inflation quotient too to go with the
statistical data stating the mentioned.
3. +
GOODS(present & future)
Has its distinction: luxury, necessity, consumer,
industrial, etc.
Its price is increasing at a higher pace due to factors in
and around…..
Is not considered to be extinct
Availability and Usage along with Need varying
extensible enough.
Price has relevance along with other constraints.
Hiring & lending along with re-usage possible in the
future
7. +
FOOD(present & future)
Has its distinction as necessary, luxury, etc.
The prices increase at a steep rate.
In far future it can be extinct!!!
The scientists & researchers predict that in years to
come by food would be in the form of tablets(with
required ingredients imbibed) or capsules…
Wastage of food to be considered seriously & steps
for its proper usage and equal distribution.
Varying prices for rich & poor required.
11. +
FOOD versus GOODS
Both will have price increases.
The rate of increase or rather the difference ratio in
food would be higher.
Food would be extent in its present form and new
inventions along with new forms would replace it…
Goods would have new technological implementations
& would be user friendly….
Beware if we don’t want our taste buds to be there in
vain in future!!!!!!