Low consumer spending and a lack of adequate financing are conditions that arise mostly due to factors in:
A) the competitive environment.
B) the cultural and social environment.
C) the technological environment.
D) the political environment.
E) the economic environment.

Question

Quizplus · Accepted Answer

Low consumer spending and a lack of adequate financing are primarily caused by economic factors such as inflation, high interest rates, unemployment, and recession. The economic environment includes all the factors and institutions that have an impact on the economy, such as government policies, economic policies, and international trade. Therefore, choice E - the economic environment - is the best answer.

Low Consumer Spending and a Lack of Adequate Financing Are