Name Three Elements That May Be Collected as Socioeconomic Data

question 17

Essay

Name three elements that may be collected as socioeconomic data and explain why this type of data is important.

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Definitions:

Powerful Groups

Entities in society with significant influence or control over resources, decision-making processes, and policy outcomes.

Norms

Generally accepted ways of doing things.

Laws

The system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Interests

Refers to the hobbies, pursuits, or activities that an individual or group finds engaging or enjoyable.