Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
A social-economic issue is simply a factor that can be classified as having a social and economic bearing or having an economic impact on members of society.
What are examples of Social Economic Factors?
Please note that the information on the question is incomplete hence the general answer.
Examples of social-economic factors are:
- Employment
- Safety
- Income levels
- Education etc.
One negative social-economic factor based on the above is unemployment. This is the condition wherein more and more people who are willing to work are unable to find gainful employment.
The negative impact of this on the economy is that if people are unwilling to buy household goods and pay for household services, soon those providing those services will be unable to operate their businesses.
This condition is what leads to a recession if not properly checked by the government. One way the government can decrease unemployment is by increasing the money supply.
Learn more about social-economic factors at:
https://brainly.com/question/359649
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.