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The economic environment refers to all the economic factors that affect commercial and consumer behavior. The economic environment consists of all the external factors in the immediate marketplace and the broader economy. These factors can influence a business, i.e., how it operates and how successful it might become
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(see explanation)
Explanation:
Factory owners kept workers on rigid schedules. Until the early 1900's, child labor existed and wedges were little in comparison to those paid to adults. In addition, during the industrial revolution, factory owners did not need skilled workers anymore. To operate the machines in the factory or finish a product, they used the division of labor, which allowed to have more finished goods with a lower cost, and with an increase in profit.
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C . Trader
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he World Fair Trade Organization has declared this week to be World Fair Trade Week. "Fair trade" is quite the buzzword in commerce these days and is generally associated with agricultural products. Chief among those is coffee. The popularity of fair trade coffee is undeniable. But what even is "fair trade" and what does it entail? How "fair" is it? Or is it just a marketing gimmick? James Harrigan and Antony Davies get into the nitty-gritty of this and more in this week's episode of Words and Numbers.
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B. the elastic clause, because it has been used to expand the power of the federal government
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