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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Social and demographic trend
government has forecast the following future trends. Which TWO of these are social and demographic trends?
A. Increased demand for organic and environmentally friendly products
B. Significant increases in single person households
C. Increased revenues from personal taxation
D. Rapid increases in household incomes
ANSWER IS A& B
how is A social and demographic trend I thought answer would be B & D can you please explain.
An “Increased demand for organic and environmentally friendly products” is the result of changes in consumer preference driven by changes in social attitudes.
D is an economic influence.
Sir I am not clear about this social and demographic trend concept . Does it only related to population like birth / death rates and social attitudes or anything else is also included in this like income of an individual . Can you please give a short explanation of this social and demographic trend ? I’ll be really thankful
Personal income relates to economic factors.
Social factors include: population numbers, education, habits, fashion, social outlooks, personal preferences, family sizes etc.
