True, In economics and industrial design, planned obsolescence (also called built-in or premature obsolescence) is a policy of planning or designing a product with an artificially limited useful life or a purposefully frail design so that it becomes obsolete after a certain pre-determined period of time when it decrements or stops working or becomes unfashionable.
This method reduces the period between repeat purchases to boost long-term sales (referred to as "shortening the replacement cycle"). It is intentionally decreasing a product's lifespan to force users to buy functional replacements.
Perceived obsolescence-constantly modifying customer perceptions of acceptable trends to encourage more and earlier buying-causing items to become obsolete before they truly need to be replaced-using materials and components that will break, wear, rust, or root sooner than they should.
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