What are the causes of changing consumption patterns of consumers?

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07-12-2022
Biology

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What are the causes of changing consumption patterns of consumers?

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Yakavi Yakavi · Answer 1 · 2022-12-10T13:44:20-05:00

Economic growth, population growth, and globalization have all resulted in structural changes in consumption patterns around the world.

Throughout history and across disciplines, the term consumption pattern has been used to mean a variety of things. It has primarily been used in economics to characterize a household's allocation of expenditures across various consumption categories such as food, housing, clothing, and transportation.

Food consumption patterns are important to study because they contain useful information on household welfare and living standards and provide an objective way to assess a country's economic performance. The set of characteristics that characterizes a community's or human group's use of resources for survival, comfort, and enjoyment.

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