We study how economic activities affect and are shaped by social processes. In general we analyzes how modern societies progress, stagnate, or regress because of their local or regional economy, or the global economy.
The study of socio-economic component incorporates various facets related to prevailing social and cultural conditions and economic status of the study region. The socio-economic study includes analysis of demographic structure, population dynamics, infrastructure resources, status of human health and economic attributes like employment, per-capita income, agriculture, trade, and industrial development in the study region.
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