People in industrialized civilizations have been maturing earlier, getting bigger and taller than in the preceding 100 years or so. Secular trend is the name given to this occurrence.
What is meant by a secular trend?
- Secular describes economic operations that take place over a lengthy period of time or are unaffected by current events.
- A trend or market that is expected to keep continuing in the same general direction for the foreseeable future is said to be secular.
What categories of secular trends exist?
- several forms of secular growth. Although trends can vary between industries and secular growth can take many different shapes, we believe there to be three main categories:
- New product, new market.
- Replacement product, current market.
- Basic technology.
People in industrialized civilizations have been maturing earlier, getting bigger and taller than in the preceding 100 years or so. Secular trend is the name given to this occurrence.
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