An example of an economic event is checking customer credit prior to processing a sale.

Question

Quizplus · Accepted Answer

Checking customer credit prior to processing a sale is a business practice, but it is not an economic event. Economic events typically involve changes in the production, distribution, or consumption of goods and services, and have an impact on the overall economy. Examples of economic events include changes in interest rates, stock prices, inflation rates, unemployment rates, and consumer spending.

An Example of an Economic Event Is Checking Customer Credit