Long-Term Macrotrends and Emerging Innovations Quiz

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Culture is not a main factor in making a trend last longer and reach its full potential.

False

An upward trend refers to a population increase.

False

It is a characteristic of trends to keep on decreasing.

False

Trend refers to data from a series of repeating price movements in a recognizable form.

<p>True</p> Signup and view all the answers

Analyzing micro-trends is done by looking at broad regions and general target audiences.

<p>False</p> Signup and view all the answers

A downward trend refers to decreasing production of goods and commodities.

<p>True</p> Signup and view all the answers

In an irregular/random pattern, analysis usually reveals frequent fluctuations in a time series.

<p>True</p> Signup and view all the answers

In an exponential trend, the line is straight to show data values rising steadily.

<p>False</p> Signup and view all the answers

Immediate changes are not driving the emergence of trends.

<p>False</p> Signup and view all the answers

Another term for fad is 'Dent'.

<p>False</p> Signup and view all the answers

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