The Top 20 Percent Income Group in the U

question 32

True/False

The top 20 percent income group in the U. S. receives almost 80 percent of the total income.

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Definitions:

Target Audience

A specific group of consumers identified as the intended recipient of a product, service, or marketing campaign.

Horse And Buggy

A traditional mode of transportation using a horse-drawn carriage; often associated with historical or rural settings.

Discontinuous Innovation

A form of innovation that creates a significant change in the way a market functions, often leading to the creation of entirely new markets.

Dynamically Continuous Innovation

Innovations that represent a significant change to an existing product or process but do not completely disrupt consumer habits.