Topic 5 0.0 / 5 ? Business StudiesTopic 5 Theme 2A2/A-levelEdexcel Created by: Alexandra_GraceCreated on: 23-05-16 15:06 Economic environment The key economic factors that influence the behaviour of businesses and their consumers 1 of 5 Inflation A general rise in prices or a fall in the value of money 2 of 5 Exchange rates The price of one currency in terms of another 3 of 5 Interest rates The price of money i.e. the cost of borrowing or the reward for saving 4 of 5 Taxation The process of imposing charges on businesses and individuals by the government 5 of 5
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