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yes, demographic change include financial change as demographic change includes educational change and change in health facilities and this can be happened if people have money.

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14y ago

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What does demographic change mean?

Demographic change means there has been a change in the population. The demographic can change in terms of its size, the age of the demographic, lifestyle expectations etc.


Which is NOT an example of a demographic change?

An increase in the birth rate is NOT an example of a demographic change. Demographic changes typically refer to shifts in population characteristics such as age, gender, race, or geographic distribution. An increase in the birth rate would be considered a demographic trend, rather than a change.


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A budget forecast demographic refers to the specific characteristics of a population segment that influence financial planning and budgeting. This can include factors such as age, income level, geographic location, and employment status. Understanding these demographics helps organizations predict revenue, expenses, and resource allocation, enabling more accurate financial planning and decision-making. By analyzing these trends, businesses can tailor their strategies to better meet the needs of their target audience.


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Income segmentation is the process of dividing markets by income. This demographic trait is best segmented for higher priced specialty products. Some industries that use income segmentation include travel, entertainment, financial services, etc.


Impact of demographic environment factors on business?

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How do birth and death rates change when a population goes through the demographic?

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What types of demographic change occurred during 1920s?

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What are not demographic factors?

Not demographic factors could include individual personality traits, preferences, lifestyle choices, personal values, and beliefs. These factors are more subjective and not related to specific demographic characteristics such as age, gender, race, or income level.