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Socioeconomics


 

Socioeconomics is the study of the social and economic impacts of any product or service offering, market intervention or other activity on an economy as a whole and on the companies, organization and individuals who are its main economic actors. These effects can usually be measured in economic and statistical terms, such as growth in the size of the economy, the number of jobs created (or destroyed), or levels of home ownership or Internet penetration; and in measurable social terms such as life expectancy or levels of education. The term was brought to prominence in the late 1980s by the Amitai Etzioni with his book The Moral Dimension.

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Introduction
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