Factors like agriculture, industries,
transport, and urbanization are commonly
known as ............. factors. (Economic,
Social, Physical, Political)
Answers
Answered by
0
Answer:
They are called Social factors...
Answered by
0
Answer:
Economic
Explanation:
- Factors like agriculture, industries, transport, and urbanization are commonly known as economic factors.
- We know that economic factors are those factors that assist to decide the competitiveness of the surroundings in which the particular firm operates.
- These factors basically include the fundamental data about the market as well as the economy. It is taken into consideration during the calculation of an investment value or a business value.
- Investors and businessmen are expected to pay serious attention to the external economic forces during the valuation of investment besides the intrinsic value of the particular asset.
Final Answer:
Factors like agriculture, industries, transport, and urbanization are commonly known as economic factors.
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