GLOBAL DEMAND
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Definitions
There is 1 meaning of the phrase
Global Demand.
Global Demand - as a noun
In macroeconomics, the total demand for final goods and services in the economy at a given time and price level.
Example: "The decline in japan has been sharper than in europe or north america, mostly because global demand for the country's products, such as automobiles and electronics, has fallen."
Synonyms (Exact Relations)
aggregate demandExample Sentences
"The global demand for renewable energy is steadily increasing."
"The company had to expand its production to meet the growing global demand."
"The global demand for smartphones has skyrocketed in the past decade."
"The fashion industry is heavily influenced by global demand for trendy clothing."
"The global demand for clean water is a pressing issue in many developing countries."