megatrend
/ˈmɛɡəˌtrɛnd/
Definition
A large-scale, long-term shift in social, economic, or technological patterns that fundamentally changes the global landscape.
Etymology
The word is a 20th-century compound of the prefix 'mega-' (from the Greek 'megas', meaning large or great) and 'trend' (from the Middle English 'trenden', meaning to revolve or roll). It gained prominence in business literature during the 1980s to describe macro-level societal transformations.
In the news
The article describes the global transition toward clean energy as a structural megatrend, implying that it is an irreversible and pervasive force driving long-term investment decisions. Recognizing this as a megatrend helps investors understand why the sector's growth is expected to persist despite short-term market volatility.
Is Now the Time to Buy Clean Energy ETFs Like QCLN
Read the full article ↗Kavout | AI