What does marketing do
Makes people wanna buyyyyyyyy it
What is a mixed economy
An economy where the government and people have equal control over it
Which economy does Canada use?
Mixed Economy
What is a boycott
A decision by consumers to no longer buy a product because of the company decisions or opinions
What political party is currently in power in Alberta (Provincial)
The United Conservative Party
What are testomonials
Uses celebrities or experts to speak for a product
What is a market economy
An economy where the people have more control over the economy than the government
Which economic system does the USA use?
Market Economy
When there is a shortage in supply - this is called
Scarcity
When is the provincial election this year?
May 29
What is emotional appeal
Uses strong emotional language that connects with your fears and desires
What is a planned economy
An economy where the government has more control over it than the people
Which economic system does North Korea use?
Planned Economy
What effects your decisions as a consumer
Name 3
identity, quality, peer pressure, health, security, how much you want it, religion and environmental impact
What political party is currently in power federally? (Canada)
The Liberals
What is the bandwagon effect
encourages you too buy a product because others are also
FUN ONE FOR DA KIDDOS!!!
This county is South of the USA and is in South America or North America. This country is most famous for the Mayan culture and the city Antigua. They have a mixed economy.
Guatemala
How has Canada's economic system shifted to the left (more socialist)
Health care system, Pension for seniors, Old age security, Maternity leaves, Employment insurance
Why do you pay more for a product
the quality, brand name, etc.
What year will the next Federal Election be?
2025
What is the most effective 'media' (type of text) in marketing in 2023
Using Social Media
Which economic system is used the third most?
Planned economy
How has Canada shifted to the right on the economic spectrum (more capitalist)
Privatization, cuts to government spending, the North America Trade agreement
What happens to supply and demand when there is a shortage
The prices SKYROCKET
How many years are between each government election (provincial and federal)
4 years