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How the economy affects business

How the economy affects business

The economy is the system in which households, businesses and the government produce, buy and sell goods and services. Changes in the economy affect customer spending, business costs, access to finance and the ability to recruit workers.

1.5.4 The economy and business Lesson

  1. GCSE
  2. /Business
  3. /1.5.4 The economy and business

Step-by-step lessons on Edexcel GCSE Business 1.5.4 The economy and business. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

Lessons