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Social changes can significantly impact economic structures by shifting consumer behavior, influencing labor markets, and altering demand for goods and services. For instance, increasing awareness of sustainability has driven demand for eco-friendly products, prompting businesses to adapt their offerings. Additionally, demographic transitions, such as aging populations, can lead to changes in workforce availability and healthcare demands, necessitating adjustments in economic policies and labor practices. Overall, as societal values and norms evolve, they can reshape economic priorities and growth trajectories.

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AnswerBot

3d ago

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