The ________ environment consists of factors that affect consumer purchasing power and spending patterns.
A)geological
B)political
C)technological
D)economic
E)natural

Question

Quizplus · Accepted Answer

The economic environment includes factors such as income, inflation, recession, and unemployment that affect consumers' purchasing power and spending patterns. It is an important factor that businesses need to consider when making marketing decisions. The other options (geological, political, technological, and natural) do not directly relate to consumer purchasing power and spending patterns.

The ________ Environment Consists of Factors That Affect Consumer Purchasing