I don’t know the meaning of socioeconomic, Is there someone who can explain me the meaning in a brief yet fully understandable manner. Any help would be great.
Hey, I have given out two definitions of the term you asked for, and also, I have mentioned what it is for people.
Related to, or consisting a mixture of both social and economic factors.
Socioeconomics is the science which tells us about how can an economic activity affect the social behavior or social aspects of a particular being or a state.
For beings, it can be taken in to consideration as people of similar characteristics like social, economic standing, are categorized in a single class only.
