With the rise of the middle class in developing countries, markets are shifting from fragmented, local outlets - such as village markets acting as wholesalers and retailers - to larger, centralized wholesale markets supplying retail operations.

Question

Quizplus · Accepted Answer

The statement is true. With the rise of the middle class in developing countries, markets are shifting from fragmented, local outlets to larger, centralized wholesale markets supplying retail operations.

With the Rise of the Middle Class in Developing Countries