What might be the reason that so many electrical goods are quite cheep now?

The affordability of many electrical goods can be attributed to advancements in technology and manufacturing processes that have significantly reduced production costs. Globalization has also played a role, as companies can source materials and labor from countries with lower costs. Additionally, increased competition in the market drives prices down as manufacturers strive to attract consumers. Lastly, economies of scale allow large companies to produce goods in bulk, further lowering prices.