Five Major Categories of External Variables Are: 1)economic Forces,2)social and Cultural

question 11

True/False

Five major categories of external variables are: 1)economic forces,2)social and cultural forces,3)political,governmental and legal forces,4)technological forces and 5)demographic forces.

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Definitions:

Globalization

Globalization is the process by which businesses, cultures, and societies become more interconnected and interdependent through international trade, communication, and technology.

Desperate Poverty

A severe level of poverty where individuals or families lack basic needs for survival, including food, shelter, and healthcare.

Elderly

Relating to individuals who are in the later stages of life, often defined as being of retirement age or older, usually considered to be 65 years or older.

Women

Adult human females, often discussed in contexts relating to social, political, and economic rights and equality.