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In: Economics

How are household patterns anticipated to change over the next few years? What will be the...

How are household patterns anticipated to change over the next few years? What will be the impact of such changes on the Palestinian demand for different goods?

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Answer:
Household patterns are anticipated to change over next few years in following ways:

  • With the advancement of technology most of the household items are functioning autometically, be it food preparation, or dish washing using dish washer, or room cleaning using vaccuum cleaner. Those things will be added as normal way to life.
  • Virtual assistent like Alexa, Siri and Cortana will be controlling 80% of electrical devices in our household on our voice command.
  • Servellence will become more casula and will be done 24x7 to protect home.

Because of above changes, Palestinian demand for different goods will also change, as given below:

  • Palestine will start importing more technological gadgets like dishwasher, vaccuum cleaner and other electrical appliances.
  • These gadgets would be water efficient as well and hence can be promoted even more.
  • Traditional goods which are currently been imported will also decrease and new age product import will increase.

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