economic factors
Financial driving variables
Economic factors are the financial and material conditions that influence decisions, outcomes, or situations.
The term appears frequently in analysis of business, policy, and social issues: Economic factors drove migration to the cities.
Common economic factors include employment rates, inflation, interest rates, income levels, and market conditions.
The phrase often signals that money or material resources—rather than cultural, political, or personal considerations—explain a phenomenon.
- commodity pricesCost of traded raw goods
- exchange ratesCurrency conversion values
- inflationSustained price level increase
- cost of livingPrice of basic necessities
- currency fluctuationsVariations in money's worth
buying power · income distribution · government spending · tax breaks · fiscal policy · globalization · unemployment rate · job market · economies of scale · national debt · monetary policy · supply and demand · profit maximization · bottom line · elasticity · opportunity cost · trade balance · trade wars
- external forcesmarket forces, demographics, interest rates, exchange rates, GDP
- demographicspopulation density, population growth, age distribution, population, gender ratio
- mininggold, mines, gold mines, mine, coal
- emigrationemigrant, emigration, emigre, political refugees, expat
- sex workstripping, pornography, massage parlors, red light districts, pimping
economic factorspsychological factors
Mind-related behavior shapers
environmental factors · human factors · moral considerations