x

What the economic climate means

What the economic climate means

Flowchart showing how changes in consumer income and unemployment affect spending, demand, revenue, profit, cash flow and recruitment

The economic climate is the general condition of the economy at a particular time. In GCSE Business, the two key parts are changing consumer income and changing unemployment.

The economic climate Lesson

  1. GCSE
  2. /Business
  3. /The economic climate

Step-by-step lessons covering OCR GCSE Business The economic climate for GCSE Business. Each lesson works through exam-style questions in Business 1 and Business 2 format. 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