Noneconomic Environment
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NON-ECONOMIC ENVIRONMENT
The non-economic environment consists of socio-cultural, demographic, natural, physical, technological, political and legal environment that influence and are influenced by the economic environment. A large number of variables affect the non-economic environment.
(i) Political-legal environment
(ii) Socio-cultural environment
(iii) Technical environment
(iv) Demographic environment
(v) Natural environment
(vi) International environment
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