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A Market Segment Is Deemed to Have Substantiality If It

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A market segment is deemed to have substantiality if it contains a large number of potential customers.


Definitions:

Fertility Rates

The average number of children born to a woman over her lifetime within a specific population.

Industrialized Countries

Nations with significant levels of industrialization, characterized by high standards of living, advanced technological infrastructure, and diverse economic sectors.

Demographic Transition

A theory describing the transition from high birth and death rates to lower birth and death rates as a country or region develops from a pre-industrial to an industrialized economic system.

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