Question

Define the term demography Explain the importance of demography in business and commerce.

Answer 1

heya mate!!

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demography is statistical study of people living at particular area for a given time and conditions many components are present as geographical location, relegional, climatic or harmonically. there is growing up population, urbanisation and globalisation etc.

hope it helps u mate

Answer 2

Demography is the statistical studies about the birth rates,death rates, income amounts etc.

The study of demography is very important for the commerce and business departments because the success of any business is dependent on the market of consumers.

And to customise the business patterns according to the population ,the statistical studies about the population is very important.