Economic Pressure
Economic pressure refers to the financial strain that individuals, businesses, or governments experience due to various factors such as rising costs, decreased income, or increased debt. This pressure can lead to difficult decisions, such as cutting expenses, reducing staff, or delaying investments.
Factors contributing to economic pressure include inflation, unemployment, and changes in market demand. For example, when the cost of living rises, families may struggle to afford basic necessities, while businesses may face challenges in maintaining profitability. Overall, economic pressure can significantly impact financial stability and growth.