Which of the following is a major future demographic change in the E.U. that will affect the demand for products and services?
A) Longer periods of sustained economic growth
B) Low and stable interest rates
C) More opportunities due to the continued expansion of the E.U.
D) The rising proportion of the population over the age of 45

Question

Quizplus · Accepted Answer

The rising proportion of the population over the age of 45 is expected to have a significant impact on the demand for products and services in the E.U. This demographic shift will lead to increased demand for healthcare, retirement services, and leisure activities geared towards older adults. Additionally, older consumers tend to have different buying patterns and preferences, which companies will need to adapt to in order to remain competitive.

Which of the Following Is a Major Future Demographic Change