How has the great recession of 2008dash-2009 affected marketers in terms of consumer attitudes?

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Business

Jadon

11 November, 16:51

How has the great recession of 2008dash-2009 affected marketers in terms of consumer attitudes?

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Kasen Bright · Answer 1

The answer is: Consumers are showing an enthusiasm for frugality (cautious in spending)

During the great recession of 2008, the value of investments that most people have been significantly dropped. To ensure their financial safety, Consumer attitudes reacted into cautious spending because they're not sure when the market will recover from the situation.