economic factors

Definition

The set of fundamental information that affects a business or an investment's value. Various economic factors need to be taken into account when determining the current and expected future value of a business or investment portfolio. For a business, key economic factors include labor costs, interest rates, government policy, taxes and management.

Use economic factors in a sentence

  • There were a lot of economic factors at work and they were making things a bit harder for all of us.

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  • You should be aware of any economic factors and how they may impact your business and product for the long term.

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  • An example of ECONOMIC FACTORS would be if your company sells oranges but and all the oranges in the world started rotting except for yours, then your stock would go up, the prices of oranges would go up and so will your profits.

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