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The economic climate
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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 on OCR GCSE Business The economic climate. 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