discuss the economic status in your community
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Economics is impossible for many areas of society. It can help improve living standards and make society a better place . Economics is like science in that it can be used to improve living standards and also to make things worse . It partly depends on the priorties of society and we consider most important.
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Socioeconomic status is typically broken into three levels (high, middle, and low) to describe the three places a family or an individual may fall into. When placing a family or individual into one of these categories, any or all of the three variables (income, education, and occupation) can be assessed.
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