Is awareness to the socio-economical factors helpful in establishing your
business?
1
Expert's answer
2020-12-10T14:36:02-0500
Yes
Income capacity of consumers determines how much they can spend on certain products. If citizens in a country have access to high incomes from employment and personal business ventures, then they are more likely to spend on luxurious products.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
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