advertising is a sub system of economic system of nation. advertising in the developing countries like India, plays an important role in economy. Advertising has various positive and negative economic aspects.
POSITIVE ASPECTS
A) Effect on costs
1. Effect on production cost
2. Effect on distribution cost
3. Effect on prices
B)Effect on demand
C)Effect on Competition
D)Effect on consumer choice
E)Effect on Business cycles
F)Effect on Nation income
G)Effect on Employment
Positive Social Effects
1. Information
2. Material Utilities
3. Production
4. Consumption
5. Socio-Economic Welfare
Developing economy
The way to help India's developing economy is to create job opportunities. The important thing is to set up manufacturing and service companies.
offering aid to developing countries
Most developing countries are in Africa, although any country pre-industrialization and in this millennium, digitalization can be considered to have a developing economy.
to provide essential services.2,to prevent monopoly.3.to prevent foreign control of d economy
Advertising convinced consumers that they needed new products.
Advertising convinced consumers that they needed new products.
Advertising convinced consumers that they needed new products.
Advertising convinced consumers that they needed new products
Advertising convinced consumers that they needed new products.
Advertising convinced consumers that they needed new products. Apex!
.Advertising convinced consumers that they needed new products.
I think they must have a mixed economy
Developing economy
identifying the audience selecting the right media developing advertising messages specify advertisment objective
Kenya's developing economy is based on agriculture and tourism.
The global economy can have a significant impact on the stability of developing countries. Economic fluctuations, such as recessions or currency devaluations, can lead to financial instability and affect the ability of developing countries to meet their financial obligations. Additionally, changes in global demand for goods and services can impact the export-dependent economies of developing countries. Overall, the global economy plays a crucial role in shaping the stability and growth of developing countries.