Title: Identify economic trends that affect the retail environment.
Course: Small Business Marketing (12161) > Section: Exploring the Economics of Retail Operations

Identification should include

- inflation
- unemployment rate
- interest rates
- recession
- economic growth.

Process/Skill Questions:

- How do economic trends influence consumer spending habits?
- Why do economic trends affect expansion or contraction in retail operations?
- What indicators in a small business suggest that economic growth is taking place?