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yuradex [85]
2 years ago
5

Poverty increases even more by unnecessary expenditure during feasts and festivals​

Social Studies
1 answer:
BabaBlast [244]2 years ago
7 0

Answer: TRUE

Explanation:

Poverty is the condition of living in which an individual or a family do not possess the enough money to get their basic needs like food, shelter, clothes and education. Due to some rituals that are required to be followed by the human society the human beings spend their basic savings to celebrate the feasts like marriage, birthday, anniversary and festivals. In such functions a huge part of savings get spent and as a result people experience poverty and become less efficient to meet the daily needs.

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According to the question, IMAX being an entertainment organization is sharing the ownership with Wanda cinema line corporation in the form of joint venture in business field.

By collaborating with Chinese theater chain, IMAX is trying to make their way into Chinese market for their publicity.This will help them in exceeding in  marketing world of Chinese market as well and will provide more benefit and productivity for their organization.

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