Economics A-Level
Business confidence
What Business confidence means in Economics A-Level, as defined for AQA.
Definition of Business confidence
Check what you remember
Read the wording for your board, then hide it and explain Business confidence in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Strong confidence that leads firms to invest highly during a boom.
Topics that use Business confidence
- Economic growth and the economic cycle (AQA A-Level)
Related terms
- Aggregate demand
- Aggregate supply
- Asset price bubbles
- Economic fluctuations
- Externalities
- Inequality
- Inflationary pressures
- Long-run economic growth
Using Business confidence in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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