Chocolates, Popcorn And Economics - Deepstash

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Chocolates, Popcorn And Economics

Financial experts and economists use popular food items like the Mars chocolate bars, popcorn, and baked beans as an index to measure the cost of living and to determine the health of the economy.

The Odeon Popcorn index(2009), for instance, showed that higher sales of popcorn, a cheap snack consumed by families, correlated with the economic recovery in the United Kingdom after the financial crisis of 2008.

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MORE IDEAS FROM THE SAME ARTICLE

  • Fast food consumption can be used as an index to measure consumer behaviour and market changes.
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Sales of french fries and the export of main raw materials (potatoes and oil) is an economic indicator of the trade between the US and Asia.

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