Question

Clarify importance of market in 3 points

Answer 1

Answer:

1) Marketing acts as a catalyst for various economic activities like production, distribution, exchange, etc.

2)Marketing increases the level of production, sales, savings, etc.

3)which increases the income of the people. Thus, through direct and indirect taxes, government revenue also increases.

Answer 2

Answer:

With the help of marketing, people become more informed about different opportunities and novelties. It helps us to figure out what and where we can buy something. Also, with marketing people gain the opportunity to choose from a huge variety of products. Almost everyone can decide what exactly he/she want to buy.

Marketing acts as a catalyst for various economic activities like production, distribution, exchange, etc. Marketing increases the level of production, sales, savings, etc. which increases the income of the people. Thus, through direct and indirect taxes, government revenue also increases

Explanation:

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