Answered step by step
Verified Expert Solution
Question
1 Approved Answer
One in seven people are Hispanic and that this subpopulation is growing faster than any other. Hispanics represent 18.4 percent of the U.S. total population.
One in seven people are Hispanic and that this subpopulation is growing faster than any other. Hispanics represent 18.4 percent of the U.S. total population. In 2019, among Hispanic subgroups, Mexicans ranked as the largest at 61.4 percent. Following this group are: Puerto Ricans (9.6 percent), Central Americans (9.8 percent), South Americans (6.4 percent), and Cubans (3.9 percent). All of the following can be said about the power of the Hispanic consumer EXCEPT: a. There are large-scale demographic shifts in the United States. b. Hispanic consumers control nearly $1 trillion in spending power. c. The Asian-American population is growing faster than the Hispanic population. d. The power of the Hispanic consumer is a substantial trend
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started