Title: Explain the economic benefits of marketing.
Course: Marketing Exploration (12160-18) > Section: Understanding Economics in Organizations

Explanation should incorporate the marketing activities that include the medium of exchange and the marketplace of getting goods and services from the producer to the consumer.

Process/Skill Questions:

- As a consumer, how do you influence or determine what goods and services are produced/not produced? How is this like casting an economic vote?
- How do the marketing functions stimulate the economy?
- How can marketing affect a consumer’s standard of living?