What effect does migration and industrial development have on the economy and social behavior? Mention and explain three social consequences produced by economic crises. What is the relationship between a person's economic situation and her social status?
What effect does migration and industrial development have on the economy and social behavior?
Mention and explain three social consequences produced by economic crises.
What is the relationship between a person's economic situation and her social status?
The socioeconomic status of an individual or collective refers to their place on the socioeconomic scale, which is determined by a variety of social and economic factors, including their income, their level and type of education, their type and privilege of vocation, their location of residence, and, in some communities or segments of society, their ethnic or religious backstory. Disparities in resource availability as well as problems with privilege, power, and control are frequently found when socioeconomic status is investigated.
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