Concept information
Preferred term
regulation of advertising
Definition
- Advertising can facilitate a free flow of information about goods and services that stimulates competition among firms and is crucial for the function of a market economy. Within a capitalist economic system, advertising is also a valuable source of information for consumers who buy products and services. [Source: Encyclopedia of Children, Adolescents, and the Media; Advertising, Regulation of]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/regulation_of_advertising
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