Explain in detail of social and economic environment of a business
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Social impacts on health are embedded in the broader environment and shaped by complex relationships between economic systems and social structures. ... This distribution, known as the socioeconomic environment, shapes how communities and individuals can gain the resources needed to meet their basic human needs.
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Economic Environment. (1) Meaning. Social environment includes customs, traditions, values, buying habits, tastes, etc. Economic environment comprises of economic condition, economic policies and economic system.
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