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Topic: Business
Number of pages / Number of words: 9 / 2307
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Such couples have more disposable income to spend on luxuries, holidays and home improvements.

Economics

The economic environment is important to marketers because it affects the amount of money people have to spend on products and services. One of the components of the economic environment is the distribution of income...


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Economies around the world not only vary in their absolute or total level of wealth but also in how their wealth is spread within the population. For example, poor countries may be classified either as those which have a highly unequal spread of wealth or those where it is more evenly shared. The former group of countries may be markets for luxury goods, despite the level of poverty...


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