Advertising plays an important role in a free-market system like the USA by:

Question

Quizplus · Accepted Answer

Advertising's primary role is to inform consumers about the existence, features, and benefits of products and services available in the market. Thus, it plays a crucial role in creating informed consumer demand, which, in turn, drives the production and distribution of goods and services in the economy. Choices B and C are incorrect since creating false or excessive demands and promoting materialism are considered unethical and can have negative social consequences. While choice D is partially correct as advertising can reflect societal values and opinions, this is not its primary function. Choice E is also incorrect since the impact of advertising on the overall cost of goods is debatable and can vary depending on multiple factors.

Advertising Plays an Important Role in a Free-Market System Like