ECO 365Trends in Consumption PatternsThe Meat Industry

Trends come and go. It is a fact that people's wants and desires change on almost a daily basis. In the realm of consumer patterns it may be a little more difficult to follow the changing trends simply because the economy changes just a rapidly as a person's mind does. Just how much society buys and how frequent will depend on multiple factors that not only have an impact on each one by itself, but the factors also impact each other. By following these patterns economists can predict consumers demands and allow the markets to accommodate as such.

According to Colander, 2010 economics can be thought of as "the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and...