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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 985 |
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However, economists warn American economy will sooner or later face severe recession, which has already started (America's Vulnerable Economy 2007, p.11). It is also predicted consumer spending will inevitably fall, due to tighter credit conditions and dearer oil prices resulting in the implosion of housing market...
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Conceivably, enfeebled economic conditions with lesser spending power of consumers will result in less travelling. Moreover, rising fuel prices do add to economical problems USA and their businesses are facing today.
3. Socio-cultural factors
The change in social views on environmental damages is the main issue within socio-cultural environment of air business...
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