GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following items would be considered an non-economic want:
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New clothing
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A car
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A walk
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Nutritious food
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Explanation:
Detailed explanation-1: -Examples of economic factors affecting business include: Interest rates. Exchange rates. Recession. Inflation.
Detailed explanation-2: -Ruling communist parties have also been challenged by domestic dissent. According to the critics, rule by communist parties has often led to totalitarianism, political repression, restrictions of human rights, poor economic performance, and cultural and artistic censorship.
There is 1 question to complete.