In a diverse (多样的) and multicultural (多元文化的) society, the impact (影响) of globalization (全球化) on local (本地的) industries (行业) had become increasingly (逐渐) evident. A once isolated (孤立的) town had transformed into a bustling market (市场), teeming with joint ventures (合资企业) and worldwide (全球的) brands (品牌).
Demographics (人口统计学) played a significant role in this development (发展). The population (人口) had grown more diverse, with an increase (增长) in ethnic (种族的) and elderly (老年的) communities. Statistics (统计) indicated (表明) that a higher percentage (百分比) of people were migrating (迁移) to the town, contributing (贡献) to its multiculturalism (多元文化主义) and modernisation (现代化).
With this change in demographics, the town's culture (文化) and identity (身份) evolved. The once sceptical (怀疑的) attitude (态度) of the residents had been replaced with a more open and productive (有成效的) mindset. The local businesses embraced the trend (趋势) and adapted their practices to cater to the diverse demographic (多样化的人口结构).
In hindsight (事后), the implications (含义) of these changes were apparent. The once-monopolized (垄断) market now faced competition from exotic (异国情调的) and global (全球的) brands. This shift led to a decline (衰退) in the market share of local brands, as they struggled to keep up with the current (现行的) trends.
However, some local brands managed to merge (合并) with larger companies, forming successful joint ventures (合资企业). This move helped them not only survive but also thrive in the competitive market. These brands became icons (偶像) representing the town's resilience and adaptability.
As the town continued to grow, the long-term (长期的) and short-term (短期的) predictions (预测) varied. Some projections (预测) suggested a continuous increase (持续增长) in the town's population, while others pointed to a possible diminishing (减少的) rate (速率) of growth in subsequent (随后的) years.
Regardless of the predictions, the town's people and businesses had shown a remarkable ability to adapt to the changing landscape. The town's story had become a testament to the power of diversity (多样性), multiculturalism (多元文化主义), and the ongoing cycle (周期) of growth and development (发展).
- joint venture
- (have a) monopoly
- mid -term
- short -term