Question

what is based on the belief that future trends will develop in the same direction as pash trends ​

Answer 1

Answer:

It is crucial to evolve from a production-focused MEconomy to a WEconomy, founded on shared responsibility

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Answer 2

Answer:

Historical analogy is based on the belief that future trends will develop in the same direction as past trends .

Explanation:

• This method is most commonly used. It is based on the belief that future trends will develop in the same direction as past trends. It assumes that the future will remain as in the recent past.
• Hence, past trends are plotted on a graph or chart to show the curve.
• Three forms of this method are in use:

1. Taking the current years’ actual performance as base for future prediction;
2. Increasing certain percentages with the last year’s actual performance to predict the future events; and
3. Averaging the actual performance of the previous few years.