Examlex
Which of the following is considered a social factor that influences consumer behaviour?
Fluctuations
Fluctuations refer to variations or changes in a condition, value, or level of economic variables over time.
Inflation
The escalation speed in general price levels of goods and services, ultimately leading to diminished power for making purchases.
Unemployment
The situation where individuals who are capable of working and are actively seeking work cannot find employment.
Government
The system or group of people governing an organized community, often a state, and the authority to make and enforce laws.
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