: Boost 9:24 PM 66% Back RQ2 - Chp. 17 Detail Submission Grade 2. Describe the c

Question

: Boost 9:24 PM 66% Back RQ2 - Chp. 17 Detail Submission Grade 2. Describe the creation of the new "National Market." Describe the importance of the advertising industry, the development of national brands and the creation of retail stores and mail-order outlets 3. What is "Social Darwinism?" Did this idea justify the "new social order" that glorified the very wealthy? What were the social and political implications of the "new social order" on the country's poor? 4. Describe the importance of the rise of the "Labor Movement" in the United States during this period. Name the most prominent labor unions of the time and describe their membership and influence during the Industrial Revolution Previous Next Dashboard Calendar To Do Notifications Inbox

Explanation / Answer

1. Creation of a new national market would involve the development of rules and regulations for a particular country in order to create a profitable marketplace for the trading of goods and services within the borders of the nation. New Marketplace would also involve regulating e-commerce trades, monitoring interest rate, designing a suitable tax system, etc.

Importance of advertising industry
Advertising is one of the most important factors for the development and growth of a particular business in any country. Advertising helps the businesses to reach out to the target audience and develop a loyal customer base for the business to flourish. Which in turn helps to sell more products and gain revenue.

Creation of retail outlet and mail-order outlet.
Retail outlet help in building the brand value by the quality of service provided at the outlets. Most of the customer would like to see and feel the product in order to make the judgement related to purchase of the product. In this case, retail outlets serve the purpose. But most of the customer does not have time to visit retail outlet in that case they prefer mail order outlet where the product is delivered at the doorstep of the customer.

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