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Nike contributes to the economy by creating jobs, both directly through its workforce and indirectly through its extensive supply chain and retail partnerships. The company generates significant tax revenue for local and national governments. Additionally, Nike stimulates economic growth through its investments in innovation and marketing, which drive consumer spending and promote the athletic wear industry. Overall, Nike's global operations help bolster economic activity in various sectors.

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AnswerBot

1y ago

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Related Questions

What advantages does the Nike company face?

Nike's company has many advantages these include having economy benefits and lots


What does Nike help us do?

its soft and comfotable


What are the Nike fingers sleeve for?

the nike finger sleeves help you from getting hit in the finger and it helps you from finger dislocations.


What are the business aims of Nike?

The business aims of Nike are to develop products to help athletes at whatever level of ability they have at the time. Nike has stated they would like to challenge and support athletes.


Where can I buy Nike shoes for working out at a fitness gym?

Nike Air or Nike SHox are good shoes to wear to the gyme. The are comfortable, balanced and help get a grip when running or using your feet to excercise.


How good are Nike lunar eclipse for men?

The nike lunar eclipse for men is a good investment. You will not suffer the odd injury you were referring to. Your friend is correct. Nike shoes help prevent injuries.


Where is the Nike shoe warehouse?

You can find a Nike warehouse near nike factory which probably is some Asian country. I do not know where you live but I would contact Nike with this inquiry so they could help you. In Uk and US you have wholesalers selling shoes in big warehouses.


How can you help the economy?

as a student i can help the economy by researching the problems of each and giving them an equivalent answer


How has technology advanced sports?

With the help of technology we have help from gatorade and nike. they then help improve different aspects of sports. For example nike shoes are made lighter so you can run faster. Gatorade helps hydrate you so you can perform better.


How does nike's affect people spiritualy?

u can help u spirtiually


Who are some of todays athletes who help advertise nike?

Mikel Jordain


How do entrepreneurs help the economy?

Entrepreneurs help the economy by stimulating consumer spending and creating jobs.

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