6.4 - Social Change Flashcards
1
Q
Changes in society:
A
- Attitudes towards money and financial provision
- Increasing ethnic and cultural diversity
- Increasing complexity
- Demographics
- Attitudes to debt
2
Q
Why do providers have to adapt their product ranges to meet the needs of a new, demanding customer base?
A
The customers do not trust them as much as they used to
3
Q
Is the UK population ageing or getting younger?
A
Ageing
4
Q
Why does an ageing population place a burden on the working population?
A
They have to pay taxes to finance rising costs of pensions
