Gabby asked in Social ScienceEconomics · 8 months ago

Which of the following best describes the current business environment? ?

Government regulation and high tariffs are dousing the fires of productivity. America will diminish in importance internationally because of the rise of China and India as economic powerhouses, and the standard of living for most Americans will decrease.

Government spending is of great concern, as well as its accompanying tax burden in a wild economic environment. But technology has not yet found a limit. The entrepreneurial spirit is alive and well in America, though competition has increased exponentially due to international trade agreements.

Cultural and religious differences have splintered society into isolated pockets of specialized economies that are not interconnected. Terrorism is on the rise, and military conflicts are increasingly harder to win decisively.

The new green economy is the next “big thing,” and private industry is racing to keep up with consumer demand for all things sustainable. There is a huge amount of money to be made if a company can successfully brand itself as green.

1 Answer

  • A.J.
    Lv 7
    8 months ago

    Bits and pieces of each are true and none express the disarray and top-heavy economy where wealth has been funnelled up since the 1970's and rumbling of an overthrow unless moderate concessions begin.

    Uncertainty is the best description of the current business environment.

    We're at the tipping point of a recession that could spread globally again.

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