How does U.S.A. develop it's economy??
(a) By marketing..
(b) By Advertising..
(c) By waging wars..
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The correct answer is (a) Marketing.
The USA develops its economy by marketing.
- The USA economy is highly developed and is deemed to be the largest economy in the world with respect to its net wealth and Gross domestic product(GDP).
- Marketing activities lead to an enhancement or increase in the demand for goods and services in a country.
- This leads to an increase in the production and thereby the GDP increases. This, in turn, increases the revenue or national income.
- Demand and supply drive the US economy and thereby marketing plays an important role in its development.
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