Ways in which the economic environment may positively influence the activities of a business

State ways in which the economic environment may positively influence the activities of a business

  • The prices of commodities are low leading to increased demand
  • Increase in consumers incomes hence high demand
  • If the taxes levied on goods are low as it will make prices of commodities to fall
  • If banks charge low interest rates on loans, it encourages people to borrow loans and buy more goods
  • If there is low levels of inflation increasing or maintaining higher ability to buy




economic-environment


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