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Marketing strategy identifies the bases upon which the firm plans to build a sustainable competitive advantage.

a) True
b) False

User Henrry
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Final answer:

The claim that the market revolution ushered in significant social and economic transformations in the United States is true. It represents a shift to industrialization and market economy, marked by advancements in transportation and changes in social dynamics.

Step-by-step explanation:

The statement that the market revolution brought many social and economic changes to the United States is true. The market revolution refers to the period in the early 19th century when the United States shifted from a predominantly agrarian society to a more industrialized and market-oriented economy. This period saw significant advancements in transportation, such as the construction of canals and railroads, which facilitated the rapid movement of goods and people. It also witnessed the rise of factories and the expansion of the market for American goods both at home and abroad.

These changes precipitated a transformation in social structures as well, with urbanization and the emergence of a distinct class system consisting of industrialists, workers, and farmers. This era represented a fundamental reorganization of economic activities and had profound effects on American society, influencing patterns of work, consumption, and social relations that continue to resonate today.

User Br Araujo
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