Changing Demographics Have No Impact on Consumer Behavior

question 68

True/False

Changing demographics have no impact on consumer behavior.

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Definitions:

Poverty Line

The lowest amount of money required to maintain a satisfactory quality of life in a particular country.

U.S. Bureau of the Census

A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy.

Family Size

The number of individuals in a household related by blood, marriage, or adoption.

Poverty Line

The minimum level of income deemed necessary to achieve an adequate standard of living in a given country, helping to identify individuals and households in need.