Answered: Write the modern concepts of community…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Write the modern concepts of community ?

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Community basically means the group of persons living together in one place, in particular those who practice common ownership. Houses and neighborhoods, its great skills, shopping choices, business, etc. can not form a community. For a group of people to form a community the following three criteria must be fulfilled

The group must live in the same geographical area
Functional Community- Caste, Occupation, etc Members of this group must share some common economic features
The group of people develops a sense of emerging from their shared living.

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