Economics Study Set 17
Quiz 16 :
The Markets Prime Achievement
The Americans might have only subsistence food available for eating. After the civil war, the average standard of living of the Americans was relatively poor. Sufficient money was not available to spend on the food and other basic necessities. The Americans possessed very few articles of clothing as they did not have sufficient money to purchase clothes. Most of the Americans had to spend their money on the basic necessity goods, so they had nothing available for entertainment and holidays. The economic situation of the United States was not good after the civil war. People were more concerned about their basic needs rather than spending on holidays and entertainment.
Food processor is a common appliance used in the kitchen. In the electronic devices, virgin mobile is new product and Samsung mobile is also new products. Automatic washing machine with advanced feature is launched newly in the market. Dishwasher is commonly used in the kitchen. Thus, above all are the common products which are introduced in the last decade.
Following are the name of some companies that advertise their improved products: Vodafone always improves their advertisement of product. PepsiCo has done excessive advertising of its products. FedEx advertise its services to capture the market. Axe deodorant makes new advertisement for their products. Microsoft Corporation advertises its widows8 version.