Economic conditions in the general environment include:
A) social values regarding human rights and the natural environment, trends in education and demographic patterns.
B) development and availability of technology in the environment, including scientific advancements.
C) nature and conditions of the physical environment.
D) inflation, income levels, gross domestic product and unemployment.
E) philosophy and objectives of political parties, as well as laws and governmental regulations.

Question

Quizplus · Accepted Answer

Economic conditions specifically refer to factors that affect the economy and its functioning such as inflation, income levels, gross domestic product (GDP), and unemployment rates. These elements directly influence economic performance and decision-making in businesses and governments.

Economic Conditions in the General Environment Include