Poor or emerging economies are unattractive markets for many kinds of goods.

Question

Quizplus · Accepted Answer

This statement is false. While it may be challenging to market higher-priced luxury goods or products that require a high level of technological infrastructure in poor or emerging economies, there are still many types of goods that can be attractive to these markets. For example, basic necessities such as food, clothing, and shelter are always in demand, as are affordable consumer goods such as basic electronics, small appliances, and personal hygiene products. Additionally, there may be niche markets for luxury goods in some emerging economies as their economies grow and consumer purchasing power increases.

Poor or Emerging Economies Are Unattractive Markets for Many Kinds