Marketing Strategy and Level of Economic Development

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Marketing Strategy and Level of Economic Development

Introduction

The levels of economic development depend upon the current level of economic development of a country as well as on its current real growth rates. Mostly the level of development is construed from the country's ability to utilize its various productive resources in an effective way. These productive resources available to the country include the productive resources which are the physical capital, human capital, and the natural capital.

Logically, the level of development of a country is measured as the current level and growth in the country's ...