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Patagonia Business (economic wellbeing (tax revenue (-GST 10%, company tax…
Patagonia Business
economic wellbeing
Employment- business employ people & thus provides them with income to purchase goods & services. employment levels are closely linked to economic growth & living standards
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Economic growth- the value of production of goods & services in the economy. Gross domestic product (gpp) is an indicator
Evidence- Patagonia works on low cost of production, recycles infrastructure "worn wear"
international trade
important to economic well being because it allows businesses
to create links to goods/services worldwide. & this creates $ in both areas
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infrastructure
business may invest in things like roads, transport, gas etc to help support their business
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