Determine the impact of economics on business.
The impact of economics on business can be significant. There are several factors that drive the economics of any business. Spending appears to be the primary driver. If people can’t spend or consume goods or services, it begins to have a ripple effect throughout the economy.
There are many factors that impact why someone does not spend as much; loss of income, increase of expense or fear of both. When one or more of these factors take place businesses are impacted and then begin to cut back as well. (Capoloa . . .
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