Definition of Economic factors:
The set of fundamental information that affects a business or an investments value. Various economic factors need to be taken into account when determining the current and expected future value of a business or investment portfolio. For a business, key economic factors include labor costs, interest rates, government policy, taxes and management.
How to use Economic factors in a sentence?
- You should be aware of any economic factors and how they may impact your business and product for the long term.
- An example of ECONOMIC FACTORS would be if your company sells oranges but and all the oranges in the world started rotting except for yours, then your stock would go up, the prices of oranges would go up and so will your profits.
- There were a lot of economic factors at work and they were making things a bit harder for all of us.
Meaning of Economic factors & Economic factors Definition