In the answer, I write what was written above and then place the correct category in front of each. Here it is:
1. It is something such as interest or fashion that becomes popular for a short
period of time. - Fad.
2. A recurrent phenomenon that takes place over time and gives rise to speculation
on the future. - Trend.
3. It is a pattern of group behavior that lasts for a long period of time. - Trend.
4. It is sometimes referred to as "rage or craze". - Fad.
5. It is a pattern, a direction, or a movement in a way something is changing towards a style or idea. - Trend.
6. Examples of this are hula hoop, yo-yo and virtual pets. - Fad.
7. It is a new item that stabilizes to an enduring product or a practice that transforms into a habit or a lifestyle. - Trend.
8. It is characterized by a quick rise in sales and popularity followed by a quick decline. - Fad.
9. It fades when the perception of novelty is gone. - Fad.
10. It appears suddenly, becomes enormously popular, and does not disappear but rather gets stronger over time. - Trend.
Trend is actually known as a direction in the way something is transforming or changing. It's a movement that goes toward a style or idea. It usually lasts long and turns out to be a new way people do things. Examples of trends are: e-commerce, email, digital payments, etc.
Fad has to do with something (product or service) that becomes very popular for a brief moment of time and then declines to being unpopular quickly. Some examples are hula hoop, yo-yo and virtual pets.
Learn more about trend and fad on https://brainly.com/question/2437815