Question

Write short notes on socio economic Aspect.​

Answer 1

Explanation:-

Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. ... Societies are divided into three groups: social, cultural and economic. It also refers to the ways that social and economic factors influence the environment.

Socioeconomic refers to society related economic factors. These factors relate to and influence one another. For example, your employment will dictate your income. Your income level often correlates to your level of education and your level of education helps to dictate your employment.

Answer 2

Answer:

Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. Societies are divided into three groups: social, cultural and economic. It also refers to the ways that social and economic factors influence the environment.

Explanation:

Socioeconomic refers to society related economic factors. These factors relate to and influence one another. For example, your employment will dictate your income. Your income level often correlates to your level of education and your level of education helps to dictate your employment.

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