Which of the following activities increases demands for goods and services
Answer Details
Advertising increases the demand for goods and services by promoting them to potential customers. When companies advertise their products or services, they aim to make people aware of what they have to offer and persuade them to buy them. This increased awareness and persuasion can lead to an increase in demand for the advertised goods and services.
Banking, transportation, and warehousing are all important activities in the economy, but they do not directly increase demand for goods and services. Banking facilitates the transfer of funds, while transportation moves goods from one place to another, and warehousing stores goods until they are ready to be sold. While these activities are necessary for a functioning economy, they do not create new demand for goods and services in the same way that advertising does.