Which of the following is a major demographic which will affect demand for products and services
A)Rising proportions of people over 60
B)A fall in proportion of people over 60
C)An increase in 30 to 40 year olds
D)An increase in the current birth rate

Question

Quizplus · Accepted Answer

The rising proportion of people over 60 is a major demographic that will affect demand for products and services as they may require more healthcare services, retirement and elderly care, and leisure activities catering to their needs. The aging population trend is a significant factor for businesses to consider for future planning and adjustments to their marketing strategies.

Which of the Following Is a Major Demographic Which Will