Demand

Demand means the amount of a good or service that buyers are willing and able to buy. In simple terms, demand shows how much people want to buy something. Demand is important because it affects prices, sales, business decisions, and how markets work. When demand increases and supply stays the same, prices may rise. When demand decreases and supply stays the same, prices may fall. For example, if more people want to buy electric cars, the demand for electric cars increases. Demand is not the same as supply. Demand is about how much buyers want to buy, while supply is about how much sellers can offer.