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Q: How does a structural change in the economy influence business?
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Why is business so important to a country's economy?

Why is business so important to a country's economy?Volcanoes can change the economy positively or negatively.The positive way is that a cone volcano.


Why does business environment change?

The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.


How does the government typically change fiscal policy to try to keep the economy stable during a period of rapid economic growth?

increasing taxes on business and individuals


What does gpd tell economists about business cycle?

Nominal GDP does not tell much, but real GDP tells a lot. If the real GDP has fallen from one year to another, it means that the economy is in depression. If it grows, it shows that the economy is booming. If there is no change, the economy is stagnant (i.e. it did not grow).


Disadvantages of an emerging economy?

While investing in emerging economies can bring major change in the business. Markets are attractive for higher growth, but at the same time more riskier because of political and economic structure and investor can face the sever swing in the market. Ultimate objective could be wealth generation, so the welfare of the citizen may not be the first concern of the business. Government do not influence the investors for setting up the price of products and services they are offering. So no control on the price limitations. business sets the prices according to the cost and expenses generated to produce the product. one major disadvantage of the emerging economy is inequality of wealth, so in this context consumer products are not affordable for every individual in the economy.

Related questions

Why is business so important to a country's economy?

Why is business so important to a country's economy?Volcanoes can change the economy positively or negatively.The positive way is that a cone volcano.


What are the four types of unemployment and how do they change over the business cycle?

Cyclical, frictional, structural and classical.


How did Chung Ju-yung change South Korea's economy?

his influence helped reshape the South Korean economy from one dominated by government projects and requirements to a civilian-controlled economy


Why does business environment change?

The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.


Of what importance is influence in business management?

Influence is the ability to bring about change and produce results; people derive influence from interpersonal power and authority. Interpersonal power allows organization members to exert influence over others.


What was business like in 1920s?

Business in the 1920's in the US saw a huge change that resulted into a bust of its economy. There were inventions and productions that increased the general income of the residents.


Is this how you spell aeffect?

The two separate words are :AFFECT (verb) - to influence or alterEFFECT (noun, verb) - a result, consequence, or change ; to bring aboutThe verb effect means to bring about, as to effect a change. It should not be used instead of affect, which is to influence, as to affect the economy.


What is a political factor?

A political factor is an activity having to do with government policy and its administration that has the potential to change or influence a business. -BrainQuiz


How does the government typically change fiscal policy to try to keep the economy stable during a period of rapid economic growth?

increasing taxes on business and individuals


What is an influence that produces a change in an object?

Force is an influence that produces a change in an object.


How does an initial investment by the government influence the economy of the country?

using the money invested by the government, low income people will raise their standard of living by spending all new income causing then a change in aggregate demand. This change will cause business to hire new people to fulfill the demand for their products, that means, new jobs, more income and ultimately reach full employment.


What was the problem that Russia was facing when Stalin realized that the economy needed to change?

Economy needed to change.