The correct answer is D. economic environment.
Rising interest rates directly impact economic conditions, which in turn affect markets like housing and real estate.
Checking Your Knowledge
Rising interest rates can slow the housing market
in the United States, slowing business for real
estate developers, mortgage lenders, and
construction firms. This is a trend in the:
A. competitive environment.
B. technological environment.
C. cultural environment.
D. economic environment.
E. legal environment.
1 answer
1 answer