Tuesday, 14 June 2011

Impacts??

  What is something that impacts the whole market, our lives, what we buy, how we act and react? Something that impacts business or any type of industry is supply and demand. It is the one thing that generates the business in a company or for and individual. Supply is what the producer gives to the stores; the demand is what is being asked for. This influences the whole market. If there is little demand of a product then there won’t be a lot of supply being made or sent. If there is high demand for a product, than producers will create a lot of supply which will generate more money into the business.

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