Question

what are socio Economic principles?​

Answer 1

Social Economic Activities. ... Socioeconomicfactors are the sectors of an individual's activities and understandings that shape him as an economically active person and they are the elements that determine the economic activity of societies.The prefix socio- refers to "the study of the behaviors of people," including the ways they interact with one another or their family structures. The word economic refers to the economy, such as people's income and finances. Socioeconomic links financial and social issues together.

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The United States has roughly six social classes:

• Upper class.

• New money.

• Middle class.

• Working class.

• Working poor.

• Poverty level

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