Demographic trends indicate that, in the coming two decades, ________.
A)the spending power of middle-class households will substantially decline
B)the GDP of advanced economies will decline
C)the spending power of low-income households will increase tremendously
D)the proportion of middle-class households in emerging markets will become much bigger, acquiring enormous spending power

Question

Quizplus · Accepted Answer

According to demographic trends, the middle class in emerging markets is expected to grow significantly in the next two decades. With this growth, their spending power is also expected to increase tremendously. This will have a significant impact on global consumption patterns and consumer markets.

Demographic Trends Indicate That, in the Coming Two Decades, ________