List and Explain Three Major Factors That Cause Economic Growth

question 131

Essay

List and explain three major factors that cause economic growth.

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Definitions:

Relationship Marketing

A strategy focused on building long-term relationships with customers rather than focusing solely on individual sales.

Data Mining

The practice of examining large databases in order to generate new information or find hidden patterns and insights.

Segmentation Analysis

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors.

Marketing Concept

A business philosophy suggesting that success is achieved by focusing on the needs and wants of target markets.