Some of the first American advertising agencies were space brokers, who bought space in newspapers and sold it to their clients.

Name: Some of the first American advertising agencies were space brokers, who bought space in newspapers and sold it to their clients.
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This statement is true. Space brokers were one of the first types of advertising agencies in the United States, and they were responsible for buying newspaper space and reselling it to clients.

Some of the First American Advertising Agencies Were Space Brokers