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What Market Segment Is Based on Where the Target Market

question 72

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What market segment is based on where the target market lives and how location affects their lifestyle?


Definitions:

Knowledge

Knowledge encompasses facts, information, and skills acquired through experience or education; it is the theoretical or practical understanding of a subject.

G.W.F. Hegel

A German philosopher known for his contributions to dialectical logic, metaphysics, and the concept of absolute idealism.

Economics

Economics is the social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output.

Politics

The activities, actions, and policies that are used to gain and hold power in a government or to influence the government.

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