The measure of the faith in which the populees habour over the perceived future of the economic condition of a region is described as consumer confidence.
- Consumer confidence is an important factor which often measures if consumers or organizations would go into a long term businesses.
- This is usually influenced by the economic principles, experience and record of an organization.
Hence, a company or organization which has low consumer confidence would fInd it difficult to keep consumers to long term beisiness conditions.
Learn more :https://brainly.com/question/25698053
