* Various environmental factors such as economic environment, socio-cultural environment, political, technological, demographic and international, affect the business and its working. Out of these factors economic environment is the most important factor.
* The economic environment looks at income, expenditures, and resources that affect the cost of running a business.
* Totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, that influence the buying behavior of consumers and firms.
* The most important factors in the economy of a country is the amount of money people spend which is on of the income sources and also the sources that the country has itself.
Tree sources |
gas sources |
http://www.theglobeandmail.com/report-on-business/economy/
comparing the economy level of CA & US |
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