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How did advertisement affect us economically?

Advertisement significantly influences consumer behavior and spending patterns, driving demand for products and services. By creating brand awareness and shaping preferences, advertising can stimulate economic growth and innovation as businesses compete for consumer attention. Additionally, effective advertising can lead to increased sales, which boosts company revenues and contributes to job creation. However, it can also lead to overconsumption and economic disparities as consumers may prioritize marketed products over essential needs.


How are advertisement effect the demand?

If your question is "how does advertisement lead to effective demand, or promote demand",This is not far fetched, as there is no controversy over it.In a short note, advertisement is more effective and required, mainly in the case of competitive goods.This is because, "ceteris paribus", Your market competitor is believed to make advertisement, in order to increase his sales over yours.In this situation, the best way to combat the issue, and remain in the market is to also make advertisement. Advertisement is the act of making awareness to the novice public, in order to divert attention of the masses to your products; the advert may include product name, band, benefits, and location where purchases can be made.All things being equal, advertisement is supposed to effect demand, by improving your sales over the previous level of sales. This is because the public entity, who wishes to have your product, but doesn't have full information, will now be made aware of it. Likewise, one who isn't even aware of the existence of the product now does.By these, i hope i have satisfied your question.If need be for any further explanation, please feel free to contact me on soulspride@gmail.comYours faithfully,Fakorede.


What is the difference between a press release and and advertisement?

The major difference with press release and advertisement is that a press release is used to gain free advertisement, and a advertisement is paid. With advertising, there is creative control, but with a press release there is no control how the media will present the information.


What does the term lead time mean?

lead time


What is the Mortgage lead generation system?

A mortgage lead generation system is a system used by professionals to finds "leads" or to target their customer base to who is looking for their services. A common lead generation system would be Lending Tree.

Related Questions

What is conventional lead?

Conventional Lead or summary lead is a king of lead used in straight news. The main topic are Who, What, Where, When, Why, How.


What is a lead in sentence?

A lead in sentence is a sentence that leads into your topic or example you are going to talk about


Which sentence in a paragraph is usually considered the topic sentence?

The first is the topic sentence, unless you bury the lead.


What is a writing lead?

a lead in a story/ paragraph is the first sentence in which you introduce your topic. a lead in writing is the same as a grabber


What is lead writing?

a lead in a story/ paragraph is the first sentence in which you introduce your topic. a lead in writing is the same as a grabber


Why is the wasteful use of your resources a problem?

Wasteful use of resources is a problem because it leads to depletion of finite resources, contributes to environmental degradation, and increases costs for individuals and businesses. It can also perpetuate unsustainable practices that harm ecosystems and lead to long-term consequences for future generations.


How does a topic sentence lead to a more organized paragraph?

topic sentences gives the reader a more clear statement of what the paragraph is going to be about.


What is the name of the lead singer in the band the cranberries?

The lead singer was a friend of theirs named Niall Quinn. The band members placed an advertisement for a female singer. Dolores O'Riordan responded to the advertisement and auditioned by writing lyrics and melodies to some existing demos. When she returned with a version of Linger, they hired her.


What is the main topic in organization behavior?

It is the study of people and how to effectively manage/lead them


What is the most wasteful type of water given to a garden plant?

The most wasteful type of water for a garden plant is over-watering. Giving the plant more water than it needs can lead to water wastage, leaching of nutrients from the soil, and potential root rot. It's important to water plants appropriately based on their specific needs.


Why does a question lead to an advertisement instead of an answer?

Registered users do not see those advertisements. So if you would rather not see them, then sign up!


What sentence is the best example of a topic sentence in a paragraph about pet ownership?

A topic sentence in a paragraph about pet ownership should be a lead-in to what the paragraph is about. An example of a topic sentence is, Pet ownership is a great responsibility, but the rewards are worth it.