Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of economic forces that would be of interest to entrepreneurs?
A) Level of disposable income, new uses of old technologies, and new laws and regulations
B) New technologies, consumer spending patterns, and new laws
C) Housing starts, consumer spending patterns, and stability of interest rates
D) Social and cultural trends, level of interest rates, and what people think is "in"
E) New changes in political areas, new laws, and level of disposable income

Question

Quizplus · Accepted Answer

C) Housing starts, consumer spending patterns, and stability of interest ratesHousing starts indicate economic growth and potential market demand, consumer spending patterns help entrepreneurs understand where money is being spent, and the stability of interest rates affects borrowing costs and consumer spending. These are direct economic forces that impact entrepreneurial opportunities.

Economic Forces Impact the Opportunities Available to Entrepreneurs