Are we just a number in our Capitalistic economy?
The reason I chose this question is because I want to know more about our economy and how capitalism affects people. One of the main points that interest me is what role marketers play in a Capitalistic economy, are we just numbers to them?
Hi Saachi,
Interesting topic, especially for someone who also has an interest in business.
I look forward to reading more of your posts,
Lokshana 🙂
Hey Saachi,
Economy has improved a lot of things in our country . And also it has affected our country in different way as Increased exports and imports lead to greater income from business taxes. I found a link for positive effects https://www.tmcnet.com/topics/articles/2019/10/17/443523-5-steps-understand-economy-its-impact-society.htm#:~:text=For%20the%20general%20public%2C%20the,an%20increased%20cost%20of%20living.&text=The%20countries%20currency%20is%20also,contributes%20to%20inflation%20of%20prices.
some negative effects are The advantages of a market economy include increased efficiency, productivity, and innovation.
https://www.investopedia.com/ask/answers/033015/what-are-some-advantages-market-economy-over-other-types-economies.asp#:~:text=The%20advantages%20of%20a%20market,individuals%20rather%20than%20governing%20bodies.