Question

Many people in Rhenasia are cutting down on their spending. This is because of a lack of well-paying jobs in the country. Many businesses in the country are getting affected as the buying power of customers has drastically reduced. The environmental characteristic that is affecting businesses in Rhenasia is _____.

Answer 1

The environmental characteristic impacting Rhenasia's businesses is economic instability, leading to decreased consumer spending and affected businesses.

Step-by-step explanation:

The environmental characteristic that is affecting businesses in Rhenasia is economic instability. This instability, caused by a lack of well-paying jobs, leads to reduced consumer spending which directly impacts businesses. As seen in various international contexts, such as deforestation and soil erosion in Yemen, and pollution in Chinese cities, environmental challenges can significantly impact a country's economy. In high-income countries, higher environmental standards often correlate with better overall economic conditions, whereas low-income countries are more focused on immediate concerns like food and healthcare, often at the expense of environmental standards.