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well, social would be within your community and the people you know and economically would be the whole economy.
But that answer is tautological. It is better to say that, when the two are used in contradistinction, social issues relate to personal rights (e.g. equality before the law) and freedoms (e.g. freedom of religion) and economic issues relate to "the production, distribution, and consumption of goods and services" (Merriam-Webster.com), in particular property and income.
But sometime the social impact can be as well as economic impact. for instance, job employment can be the impact for both. But we have to be precise in differentiate the impacts of social and impacts, some of the content might not be same, but some can be in both like employment.....
What else can I help you with?
What are the difference between social cost and economic growth?
Social cost is part of economic growth because overall economic production is a function of social benefit minus social costs.
What is meant by the term socio economic issues?
issues involving both social and economic factors
What is the Difference between social development and economic development?
economic means by money and social mean by society when our economy is increase it also help us to develop our society with out ecnomy we cannot able to develop our countrey
What is the difference between a commercial entrepreneur and a social entrepreneur?
what is the difference between a comercial entrepreneur and social entrepreneur
What phrase best describes how working class people think about economic and social issues?
what
Difference between social issues and public issues?
Justin your stupid
What are the difference between social cost and economic growth?
Social cost is part of economic growth because overall economic production is a function of social benefit minus social costs.
Which best describes the difference between economic and social policies?
Economic deals with money policy and social policy deals with issues that deal with family and personal issues. Minimum wage would be an economic policy, but if a person who is gay and wants to marry would be social. Some issues cross over the two and affect each other.
What is meant by the term socio economic issues?
issues involving both social and economic factors
What is the Difference between commercial and social advertisments?
social advertisement are the advertisements which are made on social issues or for public awareness.whereas commercial advertisement are made to sell a brand.
Difference between social accounting and social audit?
Difference between social accounting and social audit?
What is meant by the term socio-economic issues?
Socio-economic issues refer to challenges arising from the intersection of social and economic factors in a society. These issues often relate to disparities in income, education, healthcare, and access to resources, impacting individuals' quality of life and overall well-being. Solutions to socio-economic issues usually involve addressing both social and economic aspects to create more equitable opportunities for all members of society.
Which of these is the most significant difference between the nationalistic and the states' rights views of federalism?
the ways in which social and economic problems are solved
What is the Difference between social development and economic development?
economic means by money and social mean by society when our economy is increase it also help us to develop our society with out ecnomy we cannot able to develop our countrey
What is the difference between social legislation and labor legislation?
difference between labor law and social legislation
What is the difference between a commercial entrepreneur and a social entrepreneur?
what is the difference between a comercial entrepreneur and social entrepreneur
What was the fundamental difference between the two poloticial parties?
The fundamental difference between the two major political parties in the United States, the Democrats and Republicans, lies in their ideological approaches to governance and social issues. Democrats typically advocate for a more active role of government in economic regulation and social welfare, emphasizing equality and social justice. In contrast, Republicans often promote limited government intervention, prioritizing individual liberties, free markets, and traditional values. This ideological divide influences their stances on issues such as healthcare, taxation, and civil rights.
