Question

give 2  example of economic trend and social trend

Answer 1

Answer) Two examples of economic trend are-

1-) GDP(gross domestic product) which is the value of all the goods and services produced in a country. It shows whether the country is doing economically good or not.

2-) Unemployment rate which shows the amount of Employees not working. It shows whether the employment is more or less and by this we can say how well the country is doing in giving work to people.

Two examples of social trend are-

1-) Healthy and fat free products - Now there is Social trend that everyone is trying to be more health conscious and wants to consume low fat Products.

2-) Relying more on social media influencers rather on big endorsements - Now there is a social trend that most of the brands are promoting their business in Social media through influencers rather than on expensive big star endorsements.