Economic characteristics definition
Economic characteristics means activities associated with the production, distribution and consumption of goods and services.
Economic characteristics. Iran's economic structure has public, private and cooperative sectors, heavily depending on oil and gas exports, and oil is the driving force of the country's economy. On the one hand, oil is the most significant tool of material power in Iran's foreign policy, and on the other hand, it is a lever of pressure in the hands of the US, which uses it to exert economic pressure on IRI and has always tried and it is to deprive Iran of oil revenues by boycotting the purchase of its oil by the US and other countries in the world. “According to the International Monetary Fund (IMF), Iran's GDP in 2017 reached $ 431.92 billion” (Eqtesad News, 2018), showing strong dependence on the world oil price and the oil sales of in world markets.
Examples of Economic characteristics in a sentence
Economic characteristics, demographic characteristics and geographic attributes of the service area will be considered along with aviation-related factors, such as fleet trends and other factors such as the role of the airport within the community will be considered and factored into the forecasts.