In the Socio-Economic Model?

Socio-economic model deals with the interaction of social and economic components of the country. It is a branch of economics that focus on social behavior of individuals and economic factors. It is model that shows how particular group of the society act as a consumer.

What is an example of socio-economic?

Social and economic factors, such as income, education, employment, community safety, and social supports can significantly affect how well and how long we live. ... For example, employment provides income that shapes choices about housing, education, child care, food, medical care, and more.

What is socio-economic?

The term socioeconomic refers to the interaction between the social and economic habits of a group of people — like the dating habits of millionaires! The prefix socio- refers to "the study of the behaviors of people," including the ways they interact with one another or their family structures.