Final answer:
Economic conditions can have an effect on decision making as individuals consider factors such as resource availability, costs, and potential outcomes. For example, during a recession, people might prioritize essential needs over luxury items.
Step-by-step explanation:
Economic conditions can have an effect on decision making. When making decisions, individuals consider factors such as the availability of resources, the cost of those resources, and the potential outcomes of different choices. Economic conditions, such as inflation, unemployment rates, and income levels, can directly impact these factors and influence decision making. For example, during a recession, individuals might be more cautious with their spending and prioritize essential needs over luxury items.