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It is marketing which has converted yesterday's luxuries into today's necessities. Justify for or against. - Commercial Applications

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Question

It is marketing which has converted yesterday's luxuries into today's necessities. Justify for or against.

Short Note

Solution

Marketing helps to improve people's standard of living. By increasing per capita income and bringing new and better products and services to consumers, marketing raises the quality of life in society. Marketing has converted "yesterday's luxuries into today's necessities."

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Role of Marketing
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Chapter 1: Markets and Marketing - EXERCISES [Page 12]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
EXERCISES | Q 16. | Page 12
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