Answer:
They facilitate trade. More trade means more production. More production means more employment and a higher national income. Markets are, therefore, essential for the development of industries and the economic growth of a country.
Four Points are given bellow:-
- Marketing Helps in Transfer, Exchange and Movement of Goods
- Marketing Is Helpful In Raising And Maintaining The Standard Of Living Of The Community
- Marketing Creates Employment
- Marketing as a Source of Income and Revenue