For each decade, briefly explore and discuss the nature of the economic challenges and problems that plagued that decade. What was the role of profit as an incentive in the US market economy?
Explain the relationship between marketing and the economy. How do the factors used to measure the health of the economy relate to marketing and the marketing process? Be sure you analyze basic economic concepts and describe the impact of economics on marketing.
The economic environment of the United States has changed significantly since the early 1970s. How did the customers’ behaviors and needs/wants change over time and how did those changes affect marketing, sales, and service? Explain.
What trends or themes do you see throughout all of the snapshots that you created? Based on the 2010-current snapshot, are you able to predict what the health of the economy might look like over the next ten years? Explain.
