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agree with ms. nayeama
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Increase the purchasing power of foodLow productivity of the worker and the employee
Ramadan is the perfect time for shoppers. They feel the need to buy more products and inquire about services in preparation for Eid celebrations, travel, etc. I have always seen a major incline in online sales during Ramadan. Online shoppers are buying up whatever they can find that's being sold for a good price. You have women - who are the main choice makers in family households - buying clothes for their family. They're buying clothes, shoes, accessories, home products, Eid decorations, etc. You also see an influx in mall shoppers during the Ramadan month. The impact of Ramadan on the market is actually an extremely positive one.
Ramadan drives a great effect on the Markets a well as Economy. How! Explanation: .. The Ramadan, it basically a holy festival for Muslim, majority of people eagerly waiting for it. Huge number of money transaction, remittance increase. People engage in shopping, gifting, dedicating money. Not only Muslim but also other religious people also enjoy the season of Ramadan, they take he opportunity of get together, different occasion. Different brand launch new product, service goods for the month of Ramadan, huge amount of transaction happen for this. Investor invest a large amount for Ramadan. In the Economy the whole monitory activities increase a lot.
I agree with experts answer. Thanks for the invitation. .
I leave the answer to the experts, specialists in this field.
