Question
reply to this classmate on this discussion thread with 100 words One change in aggregate demand that I have observed through my employer is the
reply to this classmate on this discussion thread with 100 words
One change in aggregate demand that I have observed through my employer is the increase in demand for online entertainment and streaming services during the COVID-19 pandemic. This change is primarily due to a shift in consumption patterns as people avoided movie theatres during this time.
The increase in online streaming services has had a significant impact on how my company contributes to the measurement of aggregate demand. As a result of the increased demand for this service, we have had to invest more in marketing the existing platform and producing online content to meet customer demand. This has allowed us to use our multiple Theme Parks and properties to cross promote our own entertainment and drive demand to all of our offerings.
The increase in this demand has also led to an increase in employment in the creative and technology departments, contributing to an increase in overall aggregate demand. The government's stimulus supporting families and businesses has increased aggregate demand by boosting consumer spending and ability to afford the technology to stream multiple platforms.
Overall, the COVID-19 pandemic has brought about a significant change in aggregate demand, with the increase in online entertainment viewing. This change has had a profound impact on how my company contributes to the measurement of aggregate demand and the economy as a whole.
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