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Which one of the following is a part of economic environment?
Public debt
Lifestyle of people
Technological changes
Level of education
- Option 1: Public debt
- Public debt is a part of the economic environment.
- It indicates the total amount of money a government owes.
- Can impact interest rates and economic growth.
- Option 2: Lifestyle of people
- This relates to the social or cultural environment.
- Includes habits, values, and consumer behavior.
- Option 3: Technological changes
- Part of the technological environment, not economic.
- Affects innovation and business operations.
- Option 4: Level of education
- Tied to the social environment.
- Influences workforce quality and economic development indirectly.
By: santosh ProfileResourcesReport error
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