Explain the Trends in the Racial and Ethnic Composition of the U.S.how

question 21

Essay

Explain the trends in the racial and ethnic composition of the U.S.how marketers can use this information.

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Definitions:

Gross Domestic Product

The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period, serving as a comprehensive indicator of a country's economic performance.

Service Sector

A segment of the economy that involves providing intangible goods like services and experiences rather than physical products.

Goods Production

The process of creating or manufacturing products that are tangible and can be sold or used.

Intangible Activities

Activities that do not result in the ownership of physical goods, but rather involve the delivery of service or creation of value that is not physically touchable.