Академический Документы
Профессиональный Документы
Культура Документы
country.
2 – Exchange Rate
Exchange rate comes into the picture in case of export and import. It
affects international payment and price of goods and that affects the
economy.
3 -Tax Rate
The tax rate is a crucial part of the economy. Tax rate affects the price of
5 – Labor
Labour and it is cost or wage is always an important economic factor that
affects the economy. Many countries have started outsourcing of labor from
other countries. The company starts its plant or production where labor is
cheap.
6 – Demand / Supply
Demand or supply of goods or services affects the economy as with the
inflation and with inflation money supply in economy increases and with
7 – Wages
Wages paid to labour or employee is a direct cost to the company which is
added to cost of goods or service through which it affects the economy and
another way through which wages affect the economy is with an increase in
wages consuming the power of one increases and increase consumer
spending.
example, its government make a law that liquor should be ban in the
country it will affect companies dealing with it, their employees and
shopkeepers which at broad level affect the economy. Similarly, any policy
9 – Government Activity
Government activity also affects the economy. If the government is
promote that sector that boosts its economy which will overall support the
economy.
10 – Recession
Recession affects the purchasing power of consumer which force.
companies to drop the price of their goods or services.So, we can see how
the above economic factors affect the economy.There are many other
market, land, capital, science, and technology. For proper functioning of the
country economy need to be stable and in a macro level, one can see the
____________________________________________________________
______________