what economic effect did the conclusion of the spanish-american war have on u.s. businesses?

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20-12-2022
Business

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what economic effect did the conclusion of the spanish-american war have on u.s. businesses?

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sapanpandit sapanpandit · Answer 1 · 2022-12-23T04:36:33-05:00

Large American corporations saw the opening of new international markets as a chance to grow and exercise influence is the economic effect.

Increased tax revenues result in less of a requirement for spending on benefits like jobless compensation. As a result, economic growth contributes to lower government borrowing. Increasing the economy also helps to lower debt-to-GDP ratios.

What you offer and how you sell it to your target customers are impacted by the economic climate in your market. The target market's economy and the global economy both have an impact on your marketing approach when you are doing international marketing.

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