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Question
How does advertising benefit the society?
Answer in Brief
Solution
- Advertising creates employment opportunities for a large number of people. Direct employment is created for artists, copywriters, advertising agents, pressmen, etc. Indirect employment is created by increasing the scale of business operations.
- Advertising leads to variety in consumption and the use of better-quality products. An example is the growing use of household appliances such as micro-ovens, air conditioners, refrigerators, cordless phones, washing machines, etc. This has helped raise society's standard of living.
- Advertising sustains the press and is a great source of revenue for newspapers and magazines. As a result, the public can buy newspapers and magazines at very low prices.
- Advertising provides new knowledge to the public. It helps to improve social customs and attitudes, thereby adding to culture.
- Advertising promotes healthy competition and the growth of the business. It acts as a barometer of the country's economic growth.
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Advantages of Advertising
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