Economic Forces
Economic forces refer to the various factors that influence the economy and affect the production, distribution, and consumption of goods and services. These forces include elements such as supply and demand, inflation, interest rates, and employment levels. They shape how businesses operate and how consumers make purchasing decisions.
Additionally, economic forces can be influenced by government policies, global events, and technological advancements. For example, changes in taxation or trade agreements can impact economic growth and stability. Understanding these forces helps individuals and organizations navigate the complexities of the economic landscape.