How does USA develop its economy by advertising, by marketing or by waging war
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The history of advertising can be traced to ancient civilizations. It became a major force in capitalist economies in the mid-19th century, based primarily on newspapers and magazines. In the 20th century, advertising grew rapidly with new technologies such as direct mail, radio, television, the internet and mobile devices.
Advertising as a percent of Gross Domestic Product in the United States, 1919 to 2007 per Douglas Galbi.
Between 1919 and 2007 advertising averaged 2.2 percent of Gross Domestic Product in the United States.
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