The growth industry is where demand is expanding as second-time consumers enter the market.

Name: The growth industry is where demand is expanding as second-time consumers enter the market.
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Question

Quizplus · Accepted Answer

The growth industry is characterized by an increase in demand due to various factors, not just second-time consumers entering the market. It refers to sectors experiencing rapid expansion in innovation, production, and sales, often driven by new technologies, consumer preferences, or societal changes.

The Growth Industry Is Where Demand Is Expanding as Second-Time