what do you mean by social, political, economic and cultural
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sorry I am in 8th standard
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The definition of sociopolitical is something that involves both social and political factors. An example of something that is sociopolitical is the issue of environmental conservation, which is influenced by both social attitudes towards "going green" and by political policies.Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions.
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