Question

what do you mean by the term demography? discuss the importance of demography in business and commerce?

Answer 1

Answer:

WHAT IS DEMOGRAPHY AND WHY IS IT IMPORTANT? Demography is the branch of social sciences concerned with the study of human populations, their structure and change (through births, deaths, and migration), and their relationship with the natural environment and with social and economic change.

Answer 2

DEMOGRAPHY:

Demography is the branch of social sciences concerned with the study of human populations, their structure and change (through births, deaths, and migration), and their relationship with the natural environment and with social and economic change.

IMPORTANCE OF DEMOGRAPHY:

1. Those who follow this field of social science believe demographics can play a crucial role in understanding past trends and in preparing for future developments and policies.
2. Furthermore, they believe that understanding demographic developments can provide important explanations of observed economic and social trends.
3. To achieve knowledge about the size, composition, organization and distribution of the population.
4. To study the trend of population growth which describes the past evolution present distribution and future changes in the population of an area.