Which of the Following Observations Regarding Ethnic Shifts in the American

Multiple Choice

Which of the following observations regarding ethnic shifts in the American market is FALSE?

A) More than 41 percent of American children are already African American, Hispanic, or Asian.
B) The buying power of ethnic submarkets is increasing rapidly.
C) Whites are not expected to become a majority until 2050.
D) Companies will need separate strategies for each ethnically or racially defined market.
E) Estimates indicate that in 2010 Asian Americans spent over $500 billion a year.