A market in which the only marketing function performed is exchange is most like to be classified under the _____ stage.

Name: A market in which the only marketing function performed is exchange is most like to be classified under the _____ stage.
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Question

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According to the evolution of the marketing process, between 1885 to 1914, the marketing process in the U.S. is said to be characterized by mass production. In this stage, the marketing functions performed are demand creation and physical distribution.

A Market in Which the Only Marketing Function Performed Is