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What is Purchasing Power ?

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Question added by AHMED IMRUL KAYES , Senior Consultant , HR Bangladesh Ltd.
Date Posted: 2015/04/16
Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

The purchasing power of two individuals is often evident at a grocery store check-out. While a wealthy attorney's cart may be full of organic eggs, wine, and other expensive items, a maintenance person's grocery cart is likely stocked with cheaper necessities. Similarly, some countries import enough food for their citizens whereas citizens of other countries suffer from starvation. This inequality in the ability to purchase goods reflects different levels of purchasing power.

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