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Some factors that affect the "demand" for goods in Canada
-Fashion&Taste
-Income level: As income level rises, you demand more goods such as more cars, more services.
-Resources: There are some resources that are not available in Canada and thus has to be imported.
-Cultural needs: Cultural tradition creates a unique market for such goods
Other than that, the demand of most goods are determined by ways of life typical to a Canadian (for example coats/ snow related products, shovels...)
What else can I help you with?
What are the factors that influence family clothing needs?
socil economic and psychological factors influence the clothing needs of a family
What 5 factors affct customers needs and expectations?
Customer needs and expectations will be determined by:-cultural factors-socio-economic factors-time-age-personality
What are the changes to the Fair Labor Standards Act based?
Economic & social needs.
Upon what are changes to the fair labor standards act based?
Economic & social needs.
What are different factors that can influence the needs and wants of people?
. Age, gender, occupation are the main factors which influence our needs and wants. Socio-economic status would also affect a persons wants.
What pestle factors affect NGOs?
Political factors such as government regulations and policies, economic factors like funding sources and economic conditions, social factors including public perception and community needs, technological factors such as advancements in communication and information sharing, and environmental factors like climate change and natural disasters.
What factors influence the formation of new goals and needs?
Factors that influence the formation of new goals and needs include personal experiences, societal norms, economic conditions, life stages, and relationships with others. These factors shape an individual's priorities, aspirations, and desires, leading to the identification of new goals and needs.
What is an economic needs?
Economic needs are needs that touch on consumer's time and money.
What is the daily global consumption of gasoline?
The daily global consumption of gasoline is estimated to be around 100 million barrels per day. This consumption varies based on factors such as economic conditions, transportation needs, and government policies.
How is the question of what goods and services will be produced determined under a custom based system and a planned economic system?
In a custom-based economic system, the production of goods and services is determined by traditional practices and cultural norms, often relying on historical methods and local needs. In contrast, a planned economic system relies on central authorities, such as government agencies, to make decisions about production based on set goals, resource allocation, and societal needs. While custom-based systems prioritize community traditions, planned systems focus on systematic control and coordination of economic activities.
What factors do economists consider to be economic resources?
Generally, economic resource (reward): Land (rent); Labour (wages); Capital (interest); Entrepreneurship (profit). Combined with management and economic risk taking and specific needs of the market give output.
How many welfare needs does the country have?
The number of welfare needs in a country can vary significantly based on factors such as economic conditions, demographics, and social policies. Common welfare needs typically include healthcare, education, housing, food security, and employment support. To accurately assess the total welfare needs, one would need to analyze specific data and reports from governmental and non-governmental organizations. Each country's unique circumstances will dictate the extent and nature of these needs.
