A country faced severe recession that resulted in loss of jobs and low income levels, which in turn affected the lifestyles of the consumers. Which of the following conditions are influencing the environment of the country?
A) Political conditions
B) Legal conditions
C) Technological conditions
D) Sociocultural conditions
E) Economic conditions

Question

Quizplus · Accepted Answer

The economic conditions, including the recession, loss of jobs, and low income levels, are the most significant factors influencing the environment of the country. Political, legal, technological, and sociocultural conditions may also have an impact, but they are likely secondary factors compared to the economic conditions.

A Country Faced Severe Recession That Resulted in Loss of Jobs