What are the long-term prospects for industrialization of an underdeveloped country with high population growth and minimum resources?
Increasing population means a larger customer demand, but also increased pressure on available resources. Procreation is one of the most culturally sensitive controllable s, and especially in many of the developing countries.
This will have great impact on business and marketing in the future. Markets for infant products, school equipment and maternity have a decreasing demand, while due to the decrease in population in developed countries, the amount of elderly people who cannot work anymore will become costly to these countries. In conclusion, industrialization provides people with jobs, but more importantly it improves their living standards. However, jobs do not grow as quickly as the population, and this means there will be a lack of resources to provide for all these new human beings.
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Geography and History
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- What are Hofstede's cultural dimensions?
- Is the global environment a global issue or a national one?
- Why are the 1990s called the "Decade of the Environment"?
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- How do differences in people constitute bases for trade?
- Explain why the basis of world trade can be simply stated as the result of equalizing an imbalance in the needs and wants of society on one hand and its supply of goods on the other.
- What are the marketing implications of rapidly growing vs stable population?
- How does the shift from rural to urban areas affect international marketing?
- What does it mean to examine the more complex effect on geography on general market characteristics, distribution systems and the state of the economy?
- Why study geography in international marketing?