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the study of economics is important because with out it we wouldnt have undersant the impact of develoment in business

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Q: Why is marketing important in an economy?
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Why is marketing important in the overall growth in the economy?

Marketing is important to grow the economy because marketing is what reaches to the consumer and incites them to buy things. These purchases put money into the economy, and stimulate the growth of the economy. These purchases may not have been made if not for marketing.


Why is marketing important in the overall growth of the economy?

Marketing is important to grow the economy because marketing is what reaches to the consumer and incites them to buy things. These purchases put money into the economy, and stimulate the growth of the economy. These purchases may not have been made if not for marketing.


Why marketing plays an important role in Indian economy?

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Why does marketing play an important role in the economy?

Marketing is important to grow the economy because marketing is what reaches to the consumer and incites them to buy things. These purchases put money into the economy, and stimulate the growth of the economy. These purchases may not have been made if not for marketing.


How does the marketing affect the economy?

how does affect the all economy


How is marketing important to a country?

Marketing is vital to a country's economy- internal marketing helps to bring in financial revenue from one part of the country to another, and international marketing (i.e. importing and exporting) is crucial for groups of nations to keep their economy going, create jobs for it's workforce, and to supply it with economic input and imported goods and materials that it needs. Without marketing, the global economy would collapse- even Communist countries have to engage in marketing, however self-sufficient they try to be.


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The marketing environment has seven important elements to it. These elements include; social and cultural factors, political factors, the condition of the economy, media, logistics, competition and technology.


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