The Economic Climate
Business · Year 11 · The Wider Business Environment · 5.º Período

The Economic Climate

This topic covers how changes in the economic climate affect businesses. Students will look at interest rates, inflation, and exchange rates.

National Curriculum Attainment TargetsGCSE Business (9-1) AQA 3.1.6GCSE Business (9-1) OCR 6.2

About This Topic

This topic covers how changes in the economic climate affect businesses. Students will look at interest rates, inflation, and exchange rates.

Key Questions

  1. How do rising interest rates affect consumer spending?
  2. What is the impact of inflation on business costs?
  3. How do exchange rate fluctuations impact importers and exporters?

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