Poverty is a socio-economic issue. Socio-economic issues are factors that have negative influence on an individuals' economic activity including: lack of education, cultural and religious discrimination, overpopulation, unemployment and corruption.
Similarly, you may ask, what is socio economic impact study?
SEIA is the systematic analysis used during EIA to identify and evaluate the potential socio-economic and cultural impacts of a proposed development on the lives and circumstances of people, their families and their communities.
What are the benefits of socio economic?
For the purpose of the database, socio-economic benefits refer to benefits offered to a community as a whole through the use of GM crops, and can include long-term impacts on the prevailing economic conditions, on levels of education, on the family unit or on employment levels.
What is an example of socio economic?
so·ci·o·ec·o·nom·ic. adjective. The definition of socioeconomic is relating to both economics and social factors. An example of something socioeconomic is a person's class in society based on how much money he makes.