Marketing China and India Youth Economies
MS
BUS 330 Principles of Marketing
Ashford University
Instructor Thomas Matula
September 15, 2014
Marketing China and India Youth Economies
The world is rapidly changing creating opportunities and challenges for our young youth’s markets such as China, India, and many others. These two foreign countries represent two of the fastest growing. As technology increases so do many opportunities for tomorrows entreneurers. These two global contenders are rapidly expanding as their population growth continues at a rapid pace, much of their growth is the result of social internet expansion due to youth’s significant expansion of the 30 and under.
Technology has allowed the youth’s markets to rapidly become dominant with new opportunities, as well as challenges they must face today. Many advances for the youths are brought about due to new computer technologies. Much of the youths innovations are brought about by their creative minds and ambitions to show the world what they can do.
Growth of China and India
According to Drysdale (2014) the weight of growth for China and India underlies their relationship as the super economies. Modi’s prime minister confirms India’s reform is one of the principle reasons for it’s growth as the number one single factor. Predictions that their economy will expand which will probably be made evident by the rapidly growing population. Also reports have concluded that growth is tied to the global economy. Confirmation of rapid growth of India is evident by Curtis (2014) who spoke about how the U.S. and India relations improving which will more likely lead to more trade between these two countries as foreign relationships rekindle over a range of issues, some of which are terrorism, maintaining open and free seaways throughout Indo- Pacific region, hedging against China’s rise to the top.
Describe the products (goods and services) that interest...