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What is economic and non economic factors?

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What is economic and non economic factors?

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  1. Economic: inflation, GDP growth rate, unemployment, tax level, sector bubbles, interest rate, anything that has to do with the macroeconomy or sectors directly.

    Noneconomic: wars, the policies of whichever political party happens to be in office, natural disasters, generational shift, change in the makeup of the family, anything that is purely political, natural, or sociocultural.

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