change demand even if there is no change in the size of the population. Ask yourself this question? if the number of people stays the same, but a lot of people get older, demand for Iphone4 CAN decrease because older people are not interested in buying it.
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Oh come on think. A change in population = change in needs, tastes or income and thus the type of clothing demanded. If you all of a sudden have tons of old people in the population, tank-tops probably won't sell as well as they did beofore.
These Are Four factors that Affect Consumer Demands ! 1. Consumer Income 2. Expectations 3. Tastes and Trends 4. Population and Change
Generally interpreted to refer to a form of government where a legislature with significant decision-making powers is freely elected. It is also sometimes argued that representatives should reflect the social and gender composition of the electorate.
Demand relies on popularity, price of related goods, population, and disposable income.
Economic development, generally speaking, is a process of change that is focused on the betterment of the community, state, and/or nation.