Socioeconomic status when it comes to consumer science. Income, education and occupation Identification. Describe the defining characteristics of the demographic concept or measure category you have selected. Provide the identification of the selected concept or measure. Historical Significance. Describe the historical timeline for the selected concept or measure. Identify and analyze three reasons for the pattern demonstrated in the historical timeline. Marketplace Considerations. Identify and describe the three most important marketplace considerations of this concept or measure. Analyze what the expected impact is from this concept or measure. Provide two specific examples of possible impacts. Conclusion/Summary.