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In the year 1938, Popoud, a chocolate manufacturing company, was finding it difficult to trade its products because people were reluctant to spend money on nonessential goods. However, the company continued to manufacture chocolates in large quantities. In the context of the evolution of marketing, which of the following eras does this scenario most likely refer to?
Rate Of Inflation
The annual percentage increase in the general level of prices for goods and services in an economy.
Business Expectations
The anticipations or outlooks of businesses regarding future economic conditions, which can influence their decisions on investment, hiring, and production.
Policy Activists
Individuals or groups advocating for specific changes in public policy to address particular issues.
Non-Interventionists
Advocates for a policy or stance where a government does not become involved in the internal conflicts or affairs of other countries.
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