Social and economic factors, such as income, education, employment, community safety, and social supports can significantly affect how well and how long we live. These factors affect our ability to make healthy choices, afford medical care and housing, manage stress, and more.
Famines and chronic malnutrition was quite common. But the lords wanted to maximize their incomes. The peasants were forced to bring under cultivation all the land in the manorial estate, and spend more time on the manorial estate. The peasants resorted to passive resistance.
a. Environment: Changes in the climatic conditions in Europe did impact the society. Till about 10th century the region witnessed thick patches of forests, less availability of agrarian land, cold climatic conditions that impacted the overall productivity.
Social and economic factors are drivers of the conditions in which people live, learn, work, and play . Factors, such as employment, community safety, income, housing, transportation, educational attainment, social support, and discrimination account for roughly 40% of all health.
What are the factors affecting the economic situation?
Economic Factors are the factors that affect the economy and include interest rates, tax rates, law, policies, wages, and governmental activities . These factors are not in direct relation with the business but it influences the investment value in the future.
What are the three economic factors?
Though the number and variety of the different resources businesses require is limitless, economists divide the factors of production into three basic categories: land, labor, and capital .
What are examples of socioeconomic factors?
- Occupational Status. ...
- Educational Attainment. ...
- Access to Health Care. ...
- Global Poverty. ...
- Poverty in the United States. ...
- Occupation and Health. ...
- Education and Health. ...
- Nutrition and Poverty.
Who comprised the three orders?
The three orders of society were broadly the clergy, the nobility and the peasantry .
Which type of people does come under third order?
The Third Order: Peasants
free peasants and serfs. Free Peasants: The free peasants held their farms as tenants of the lord. They had to render military service; at least forty days per year.
What were two sections of third order?
- Free Peasants.
- Serfs.
What are 4 socio-economic factors?
Socio-economic factors include occupation, education, income, wealth and where someone lives .
What are the 5 socio-economic factors?
Viewing such a medium as a form of new innovation, the five socio-economic characters namely gender, age, income level, education level and the exposure to the Internet were hypothesized to see whether there was any relationship between these five factors and the consumer's willingness to adopt e-commerce.
The Law defines Social Economy as a set of business and economic activities that are carried out , within the private sphere, by institutions that seek a general economic or social interest (or both) in accordance with the following principles.
What are examples of economic conditions?
- OUTPUT/INCOME. An economy's overall economic activity is summarized by a measure of aggregate output. ...
- UNEMPLOYMENT. The level of employment is the next crucial macroeconomic variable. ...
- INFLATION RATE. ...
- THE INTEREST RATE. ...
- HOUSING STARTS. ...
- BUILDING PERMITS ISSUED. ...
- NEW FACTORY ORDERS. ...
- BUSINESS INVENTORIES.
What are the 3 main determinants of economic growth?
- Accumulation of capital stock.
- Increases in labor inputs, such as workers or hours worked.
- Technological advancement.
What are the negative effects of economic growth?
The negative effects discussed on the other hand include creative destruction, natural social tension, health challenges, increase in income inequality , increased pollution and a depletion of natural resources. Examples from various countries have been used to illustrate these effects.
