Final answer:
The beginnings of the advertising industry had a significant impact on people's lives. It led to increased consumer awareness and informed choices, brought about societal changes in values and preferences, and influenced economic growth and market competition.
Step-by-step explanation:
The beginnings of the advertising industry had a significant impact on people's lives. It led to increased consumer awareness and informed choices, as advertisements provided information about a wide variety of products available in the market. This allowed individuals to make more informed decisions when purchasing goods and services. Additionally, advertising brought about societal changes in values and preferences. Advertisements often portrayed certain lifestyles and ideals, which influenced people's desires and aspirations.
This influenced the way people perceived products and services, and shaped their preferences. Moreover, the advertising industry played a major role in driving economic growth and market competition. The proliferation of advertisements created a demand for products and services, which in turn stimulated the economy. Furthermore, businesses had to compete with each other to attract customers, leading to innovation and improved quality.