#economicfactors

[bettreworld]

How will Defi and digital currencies develop in different regions of the...

[sarahasan7]

Explore the long-term investment potential of 'ADATUSD' cryptocurrency pair. Share insights on macroeconomic factors shaping its movement. Join the discussion! #ADATUSD

[isrealhome]

The Key Factors Driving the Real Estate Market in 2024

Explore the ever-changing world of real estate in 2024! In this era, technological advancements such as AI valuations and virtual reality property tours are driving the market. The government's green initiatives, demographic shifts, and urbanization trends are also reshaping the landscape. It is important to understand how policies on sustainability, affordability, and demographics affect your property decisions. Keep reading to learn more about the key factors driving the real estate market in 2024.

[astuteanalyticablog]

What Are The Major Factors Affecting Mental Health?

Mental health is a condition of mental well-being that helps people manage the stresses of life, learn well and work well, realize their abilities, and contribute to their community. It is an essential part of health and well-being that supports individual and collective abilities to build relationships, and make decisions. Mental health is a basic human right, that is essential to community, personal, and socio-economic development.

Mental health conditions contain psychosocial disabilities, mental disorders, and other mental states related to considerable distress, risk of self-harm, or impairment in functioning. People with mental health illnesses are more likely to encounter lower levels of mental well-being. Mental health conditions are increasing worldwide. Specifically, because of demographic changes, there has been a 13% incline in mental health conditions and substance use disorders in the last decade. In addition to this, according to the research report of Astute Analytica, the global Mental Health Market is growing at a compound annual growth rate (CAGR) of 4.43% during the forecast period of 2023 to 2031.

Factors Affecting Mental Health

Changes in circumstance

Life is always evolving. Whether the change is impulsive, or it is expected, positive or negative, people can still see it hard to manage. Moving home, aging, having a baby, changing school, and starting university or a new job, are all parts of the change that can impact mental health. 

Social Connections

Relationships with other people are an essential part of life. If people encounter a dispute or a loss of one of their relationships, they are likely to sense emotions related to grief. Loneliness can have a bad influence on mental health and also impact anyone.

Upbringing and childhood trauma

The environment in which people mature shapes their brain growth when they are young. Traumatic events can include negative and long-lasting consequences on their mental health.

Genetics

According to some research, mental illness can vary in families but there is currently no known gene that has been identified to interpret mental health problems. Many people who undergo mental health problems do not have any relatives with the same illness.

Physical health

Health problems, life-threatening illnesses, long-term illnesses, medical tests, and appointments can have a significant effect on the mental health of people and can make them feel depressed and anxious.

What are the care and treatments for mental health?

Based on the community, mental health care should be guided via a network of corresponding services that comprise:

Mental health services are incorporated in general health care, commonly in general hospitals and via task-sharing with non-specialist care providers in primary health care.

Community mental health services that involve community mental health teams and centers, peer support services, and psychosocial rehabilitation supported living services.

Services that provide mental health care in social services and non-health settings like school health services, child protection, and prisons.

The extensive care gap for common mental health conditions like anxiety and depression indicates countries must also find innovative ways to scale up care for these conditions.

Content Source: What Are The Major Factors Affecting Mental Health?

[remitanalyst]

Discover the key factors driving the recent surge in the USD to INR exchange rate!

📈 India's economic growth pattern is changing, while the US economy shows resilience amid global downturn. Experts emphasize yearly measurements for meaningful assessment. 📊💡

💲 Currently, 1 USD = 82.02 INR. In the first half of May 2023, the INR experienced relative stability, showcasing its international trade potential. 🔄💪

[rapidpricer]

Challenges with Pricing for the High-End Fashion Industry in the US

Written By: Gargi Sarma  Introduction:

Figure 1: Ranking of Personal Luxury Brands (2022 & 2023)

From Figure 1, we can observe that the year 2023 saw the second consecutive year with a fall in the aggregate RepTrak reputation score. It fell for the first time since 2018, falling from 74.9 in 2021 to 74.2 in 2022. Additionally, the average dropped to 73.2 in 2023.

Recognizing the Dynamics of the Market:

Figure 2: BAC US Card Spending Data Growth For Luxury Fashion, YoY

Figure 3: Luxury Fashion Brands - The Fashion Pyramid (Source: TRF / Strategy Consulting, 2020)

Production Costs: Superior materials, expert craftsmanship, and cutting-edge design methods are frequently substantially invested in by luxury firms. Chanel's renowned tweed jackets, for instance, are expensive because they require fine fabrics and meticulous handwork.

Positioning and Brand Image: To support their high prices, luxury brands need to carefully manage their image. To ensure that its items keep their prized status, Hermes, for example, limits manufacturing and distribution to maintain its exclusivity.

Trends and Seasons: The difficulty for high-end fashion manufacturers is striking a balance between trendy looks and classic appeal. Balenciaga's Triple S sneakers, for instance, sold out quickly at first because of their strong demand, but sustaining their premium cost needed rigorous control of supply and demand dynamics.

Figure 4: Expected Changes to US Luxury Shoppers' Spending Habits Over the Next 12 Months, 2022

Challenges Faced by High-End Fashion Brands:

High-end fashion pricing in the US faces several challenges due to various factors, including consumer perception, market competition, production costs, and economic conditions. Here are some challenges, along with examples:

Perceived Value vs. Production Cost: High-end fashion brands often struggle to justify their high prices to consumers who may not fully understand the production process and quality of materials. Balancing the perceived value with the actual production cost is crucial. Example: A luxury brand may use high-quality materials and skilled craftsmanship to produce a handbag, driving up the production cost. However, consumers may question the high price if they perceive similar-looking handbags from other brands as being of comparable quality.

Market Saturation and Competition: The high-end fashion market in the US is saturated with numerous brands vying for consumer attention. Intense competition can lead to pricing pressures as brands attempt to differentiate themselves while maintaining profitability. Example: A new high-end sneaker brand enters the market with innovative designs and premium materials. However, established luxury sneaker brands already dominate the market, making it challenging for the new entrant to command premium prices without a strong brand reputation.

Brand Image and Prestige: High-end fashion brands rely heavily on their brand image and prestige to justify premium pricing. Maintaining exclusivity while reaching a broader consumer base presents a delicate balancing act for these brands. Example: Chanel, known for its iconic handbags and timeless designs, carefully controls its distribution channels to maintain exclusivity. However, the brand also faces pressure to appeal to younger consumers without diluting its luxury image.

Figure 5: Factors Influencing US Luxury Shoppers' Luxury Purchases, 2022

Economic Factors and Consumer Behavior: Economic downturns and fluctuations in consumer spending can significantly impact high-end fashion pricing. Brands must navigate shifting consumer preferences and adapt their pricing strategies accordingly. Example: During a recession, consumers may prioritize essential purchases over luxury items, leading to decreased demand for high-end fashion products. In response, luxury brands may offer discounts or adjust their pricing to appeal to budget-conscious consumers.

Counterfeiting and Brand Dilution: Counterfeit products pose a significant threat to high-end fashion brands, undermining their exclusivity and brand integrity. Lower-priced knockoffs can dilute the perceived value of authentic products and impact pricing strategies. Example: Louis Vuitton faces ongoing challenges with counterfeit handbags flooding the market. Despite efforts to combat counterfeiting, the availability of cheap knockoffs can make consumers hesitant to pay premium prices for genuine Louis Vuitton products.

Figure 7: Luxury Brands' Online Popularity Change from 2022 to 2023

Trends in Fashion System Highlights:

The following developing issues are highlighted in McKinsey's 2024 report and will be high on the agendas of the fashion system's leaders.

Generative AI: More application cases are appearing in the sector following 2023, the year that generative AI (gen AI) made its breakthrough. Fashion players will need to look past automation to realize profit, and investigate how Gen AI may improve the job of human creatives.

Fast fashion's manipulation: The rivalry in the fast-fashion industry is expected to intensify. Rivals, spearheaded by Shein and Temu, are introducing novel strategies concerning cost, client satisfaction, and velocity. Navigating the regulatory agenda while adjusting to changing customer demands may be the difference between disruptors and incumbents in terms of success.

Every eye is on the brand: It is anticipated that brand marketing will regain prominence when the fashion sector successfully moves away from performance marketing. As marketers rewrite playbooks to emphasize long-term brand creation, brands may profit from developing emotional ties with consumers.

Sustainability is paramount: The days of self-regulation in the fashion business are coming to an end. New regulations will have a big impact on consumers and fashion industry operators everywhere. Manufacturers and brands might think about updating their business models to reflect the upcoming changes.

Bullwhip retaliates: The "bullwhip effect," which causes order volatility to echo unpredictably through supply chains, has been brought about by changes in customer demand. As brands and retailers prioritize openness and strategic collaborations, suppliers are expected to experience more pressure.

Conclusion:

The shifting production costs, fiercer competition, and changing consumer tastes provide serious pricing issues for the US high-end fashion market. Industry participants need to use adaptable pricing strategies that strike a balance between exclusivity and accessibility while staying aware of changing market conditions to successfully negotiate these complications.

About RapidPricer

RapidPricer helps automate pricing and promotions for retailers. The company has capabilities in retail pricing, artificial intelligence and deep learning to compute merchandising actions for real-time execution in a retail environment.

Contact info:

Website: https://www.rapidpricer.com/

LinkedIn: https://www.linkedin.com/company/rapidpricer/

Email: info@rapidpricer.nl

[mymetric360]

🤔What has caused South Africa's high unemployment since the 90s?

[laocommunity]

From Farm to Plate: Uncovering the Lucrative World of Lysine Market. Here's What You Need to Know Before You Buy - SleterFC.com

From Farm to Plate: Uncovering the Lucrative World of Lysine Market. Here's What You Need to Know Before You Buy - SleterFC.com From Farm to Plate: Uncovering the Lucrative World of Lysine Market. Here's What You Need to Know Before You Buy Lysine is a crucial amino acid needed by both animals and humans. It is an essential component in various animal feeds, such as poultry, swine, and aquaculture, to maintain optimal health and promote growth. Additionally, lysine has uses in the human pharmaceutical industry, making it a high-value ingredient. Thus, it's essential to understand the lysine market before investing in it. What is Lysine? Lysine, an essential amino acid, is vital for the growth and repair of tissues in the body. It is one of the nine essential amino acids that cannot be synthesized by the body and must be obtained through food or supplements. Lysine deficiencies can lead to stunted growth, weakness, anemia, and reproductive disorders. Where Does Lysine Come From? Lysine is obtained primarily from two sources - plant-based and animal-based. Plant-based lysine is derived from sources like soybean meal, wheat bran, rice bran, and corn gluten meal. Animal-based lysine is produced via microbial fermentation of carbohydrate substrates such as molasses, sucrose, or glucose. What are the Uses of Lysine? The primary use of lysine is as an essential component in animal feed. It helps in improving the quality of proteins, enhances nutrient absorption, and boosts the immune system, promoting overall animal growth and health. In the human pharmaceutical industry, lysine is used to lower cholesterol levels, treat herpes simplex infections, and in the production of vaccines, among other uses. Understanding the Lysine Market The lysine market is vast and highly competitive due to the increasing demand for protein-rich animal feed and the growing trend towards plant-based protein sources. China is the largest producer and consumer of lysine globally, followed by Europe, North America, and South America. The market is dominated by major players such as Evonik Industries, Archer Daniels Midland Company, and Ajinomoto Group, among others. Key Factors to Consider Before Investing in Lysine Market One of the significant factors to consider before investing in the lysine market is the market demand and supply dynamics. Investors must also evaluate the pricing, economic, and political factors that can influence the lysine market. Additionally, it's essential to assess the competition in the marketplace and the regulatory environment governing the industry. Conclusion Lysine is an essential amino acid required in both animal and human diets. The lysine market is highly lucrative, primarily driven by the increasing demand for protein-rich animal feed and the growing trend for plant-based protein sources. Before investing in the lysine market, it's crucial to evaluate the market dynamics, competition, and regulatory environment, among other factors, to make informed investment decisions. #Lysine #AnimalFeed #PharmaceuticalIndustry #InvestmentOpportunity #China #GlobalMarket #RegulatoryEnvironment #SupplyandDemand #Competition #EconomicFactors #PoliticalFactors Summary: Lysine, an essential amino acid, is crucially required by both animals and humans. The lysine market is vast and highly competitive, with China being the largest producer and consumer globally. Before investing in the lysine market, it's essential to consider the market dynamics, competition, regulatory environment, and other factors that influence the industry. #Lysine #AnimalFeed #PharmaceuticalIndustry #InvestmentOpportunity #China #GlobalMarket #RegulatoryEnvironment #SupplyandDemand #Competition #EconomicFactors #PoliticalFactors #BUSINESS Read the full article

[wetalktrade]

#Forexmarket doesn’t flow like a stream is a well-known fact. A lot of political and #economicfactors affect the market, and the related news cause ripples in the flow. A #Forextrader needs to know the potential news. Here is a guide to know it. https://wetalktrade.com/news-releases-safest-trade/

[anilkhare]

The Social And Economic Relevance Of Mathematics Education - Anil Khare

[iilssnet]

Economic Factors as a RELEVANT CIRCUMSTANCES in delimitation process in law of the sea and customary international law

Economic factors may include the existence of natural resources, such as oil, gas and fish, and socio-economic factors, such as States’ economic dependency on natural resources and national economic wealth. In international adjudication, States often invoke these two types of economic factors jointly, for they are interrelated. In a general way the influence of economic factors remains modest in jurisprudence relating to maritime delimitation. The ICJ, in the Cameroon/Nigeria case, stated: t follows from the jurisprudence that, although the existence of an express or tacit agreement between the parties on the siting of their respective oil concessions may indicate a consensus on the maritime areas to which they are entitled, oil concessions and oil wells are not in themselves to be considered as relevant circumstances justifying the adjustment or shifting of the provisional delimitation line. Only if they are based on express or tacit agreement between the parties may they be taken into account. In fact, apart from the Greenland/Jan Mayen case, no judgment concerning the delimitation of the continental shelf or single maritime boundaries has taken the presence of natural resources into account, at least at the operational stage. In some cases, economic factors re-entered at the verification stage as a test of the equitableness of the boundaries drawn. In the Gulf of Maine case, for instance, the Chamber of the ICJ in effect verified whether the result would be ‘radically inequitable’ or entail ‘catastrophic repercussions for the livelihood and economic well-being of the population of the countries concerned’, and came up with negative answers. The Court of Arbitration in the St. Pierre and Miquelon case applied the ‘radically inequitable’ test which was formulated by the Gulf of Maine judgment, and concluded that the proposed delimitation line would not have a radical impact on existing fishing patterns in the area. In any event, these elements played merely a secondary role in testing whether the established boundaries produced ‘radically inequitable’ results. In common with the jurisprudence in this field, the actual State practice appears to show that normally economic factors have not directly affected the location of boundaries of either continental shelves or single maritime boundaries. Instead, in some agreements, States have resolved economic questions flexibly by inserting common deposit clauses or by establishing regimes of joint development. The ‘common deposit clause’ or ‘mineral deposit clause’ relates to transboundary mineral resources, including petroleum. When a party exploits a single petroleum reservoir, such exploitation will interfere with the neighbouring State’s right to the petroleum in the reservoir by causing it to flow from one side of the boundary to the other. The ‘common deposit clause’ or ‘mineral deposit clause’ seeks to avoid such situations. The validity of common mineral deposit clauses was confirmed in the 1999 Eritrea/Yemen Arbitration (Second Phase). While the concept of ‘joint development’ has not been uniformly understood, this concept may be considered as an intergovernmental agreement that aims to establish joint exploration and/or exploitation of living or non-living resources in a designated zone. Joint development schemes may be provisional or permanent, and can be divided into two categories. The first category involves areas where maritime delimitation lines are being established. In such areas, a joint development zone is to be established, straddling a delimitation line. Concerning mineral resources, a typical example of a joint development zone may be the 1981 Agreement between Norway and Iceland. The joint development zone straddling the single maritime boundary between the parties was established on the basis of the recommendation of the Conciliation Commission in 1981. Concerning fisheries resources, the 1978 Agreement on the Delimitation of Marine and Submarine Areas and Maritime Cooperation between the Dominican Republic and Colombia established a common scientific research and fishing zone, bisected by a single maritime boundary. The second category of joint development schemes concerns areas where delimitation was not or could not be effected. An illustrative example is the joint development zone created in the 1974 Agreement between Japan and South Korea. In the East China Sea, the claims of the parties over the continental shelf overlapped considerably. In search of a breakthrough, both parties agreed to establish a joint development zone in the overlapping area. Other examples of treaties which established the second category of a joint development zone include the 1974 Agreement between Saudi Arabia and Sudan, the 1979 Memorandum of Understanding (MOU) between Malaysia and Thailand in the Gulf of Thailand, the 1992 MOU between Malaysia and Vietnam, and the 1993 Agreement between Colombia and Jamaica. Read the full article

[oneclickfarm]

What are the basic factors that affect organic farming?

1. Lack of education of farmers – Farmers aren’t well educated towards the practices of organic farming

2. Farmer’s experience – They have no or very less amount of experience in the field of organic farming

3. Economic conditions of the farmer’s household – Not many farmers have the amount to invest in organic farming

[assignmenttutoronline]

graphics for the professional and gamingmarkets

graphics for the professional and gamingmarkets

NvidiaAcquiresARM Student’s NameInstitutional AffiliationCourse NameInstructor’s NameSubmissionDate TableofContents 1.0INTRODUCTION 3 EXTERNALANALYSIS 3 PESTELAnalysis 3 Politicalfactors 3 EconomicFactors 4 SocialFactors 4 Technologicalfactors 5 NaturalFactors 5 LegalFactors 6 Porters Forces 6 NewEntrantsThreat 6 SuppliersBargaining Power 7 BuyersBargaining Power…

[myassignmentonline]

graphics for the professional and gamingmarkets

graphics for the professional and gamingmarkets

NvidiaAcquiresARM Student’s NameInstitutional AffiliationCourse NameInstructor’s NameSubmissionDate TableofContents 1.0INTRODUCTION 3 EXTERNALANALYSIS 3 PESTELAnalysis 3 Politicalfactors 3 EconomicFactors 4 SocialFactors 4 Technologicalfactors 5 NaturalFactors 5 LegalFactors 6 Porters Forces 6 NewEntrantsThreat 6 SuppliersBargaining Power 7 BuyersBargaining Power…

[assignmentfreelancers]

graphics for the professional and gamingmarkets

graphics for the professional and gamingmarkets

NvidiaAcquiresARM Student’s NameInstitutional AffiliationCourse NameInstructor’s NameSubmissionDate TableofContents 1.0INTRODUCTION 3 EXTERNALANALYSIS 3 PESTELAnalysis 3 Politicalfactors 3 EconomicFactors 4 SocialFactors 4 Technologicalfactors 5 NaturalFactors 5 LegalFactors 6 Porters Forces 6 NewEntrantsThreat 6 SuppliersBargaining Power 7 BuyersBargaining Power…

[assignmenttutorsforyou]

graphics for the professional and gamingmarkets

graphics for the professional and gamingmarkets

NvidiaAcquiresARM Student’s NameInstitutional AffiliationCourse NameInstructor’s NameSubmissionDate TableofContents 1.0INTRODUCTION 3 EXTERNALANALYSIS 3 PESTELAnalysis 3 Politicalfactors 3 EconomicFactors 4 SocialFactors 4 Technologicalfactors 5 NaturalFactors 5 LegalFactors 6 Porters Forces 6 NewEntrantsThreat 6 SuppliersBargaining Power 7 BuyersBargaining Power…