Applied Econ Q4 Week10 For Week 5 2
Applied Econ Q4 Week10 For Week 5 2
Applied Econ Q4 Week10 For Week 5 2
G12
ABM
Applied Economics
QUARTER 4: WEEK 10
CapSLET
Capsulized Self-Learning
Empowerment Toolkit
Schools Division Office of Zamboanga City
Region IX, Zamboanga Peninsula
Zamboanga City
CapSLET
Applied Economics
Subject & Grade Applied
IMPORTANT: Do not write on this material. Write your answers on separate sheets of
paper.
CHECKPOINT: What are the effects of the various socio-economic affecting business and industry?
What is Socio-economic?
Is the social science that studies how economic activity affects and is
shaped
by social processes.
Interest Rates
Interest rates are everywhere, and are imposed by many different people. In
fact, banking institutions are obsessed with knowing what the status for interest
rates in the economy is for a good reason. It is how they determine their lending
practices. It is also good information for a company that relies on debt capital to
finance ambitious projects.
Exchange Rates
This is a slightly more nuanced topic than that of interest rates. At the heart
of it, exchange rates are an important factor to consider for any business involved
in importation and exportation of various goods and services. When exchange rates
fluctuate, they affect the ability of a company to pay its international suppliers in a
satisfactory manner. This can also affect the profit margin of the company, as well
as the amount of resources it needs to stay afloat.
Recession
Whenever an economy faces a recession, it has the potential to change the
attitude taken by consumers toward their purchasing decisions. This may force
“Unido, Junto avanza con el EduKalidad Cree, junto junto puede!”
Prepared by: Lucybel R. Arquiza / Teacher I
Manicahan National High School
3
BE ABLE TO DO
Apply your understanding to the effect of the various socio-economic affecting business and industry
Directions: Identify the following terms as described. Write your answers on a separate
sheet of paper.
________________ 4. Refers to the social science that studies how economic activity
affects and is shaped by social processes.
________________ 5. It is the PEST analysis, or some of its variants, such as the PESTLE
analysis. This is a form of that looks at four relevant factors that affect a
business environment, and these- Political, Economic, Social and Technological
factors-create the acronym “PEST”.
REMEMBER
Key Points
Socio-economic
Is the social science that studies how economic activity affects and is
shaped
by social processes.
Interest Rates
Interest rates are everywhere, and are imposed by many different people. In
fact, banking institutions are obsessed with knowing what the status for interest
rates in the economy is for a good reason. It is how they determine their lending
practices. It is also good information for a company that relies on debt capital to
finance ambitious projects.
Exchange Rates
This is a slightly more nuanced topic than that of interest rates. At the heart
of it, exchange rates are an important factor to consider for any business involved
in importation and exportation of various goods and services. When exchange rates
fluctuate, they affect the ability of a company to pay its international suppliers in a
satisfactory manner. This can also affect the profit margin of the company, as well
as the amount of resources it needs to stay afloat.
Recession
Whenever an economy faces a recession, it has the potential to change the
attitude taken by consumers toward their purchasing decisions. This may force
companies to drop prices to stay afloat.
TRY
Let’s see how much have you learned today!
A. ESSAY Writing.
Directions: Write your answer on a separate sheet of paper.
ELECTRONIC SOURCES:
Nicky LaMarco. “The Socioeconomic Factors Affecting Small Business” October 19, 2018.
https://smallbusiness.chron.com/socioeconomic-factors-affecting-small-business-73234.html
REFEREN
https://www.countyhealthrankings.org/explore-health-rankings/measures-data-sources/county-health-rankings-model/health-
CES
factors/social-andeconomic-factors
https://bmchealthservres.biomedcentral.com/articles/10.1186/s12913-016-1661-6
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ANSWER KEY
IDENTIFICATION
1. Interest rate
2. Exchange rate
3. Recession
4. Socioeconomic