economy

Society and economics: are these concepts related?

Table of contents:

Society and economics: are these concepts related?
Society and economics: are these concepts related?

Video: Paul Krugman Teaches Economics and Society | Official Trailer | MasterClass 2024, June

Video: Paul Krugman Teaches Economics and Society | Official Trailer | MasterClass 2024, June
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What is a society without an economy and vice versa? It is difficult to imagine without clear definitions. How tightly connected are society and the economy? Let's figure it out.

Social is what?

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All kinds of study guides give roughly similar definitions for this term. The society is a kind of coherent community of people, some kind of group. Whether it's a state or a chemistry school.

A group of people connected by some common trait will invariably be a society or a social group. In that case, of course, when it comes to the general meaning of the term.

If we talk about society as a whole, then its value is almost equal to the concept of society. And when the discussion concerns social cultures, it is acceptable to use these definitions as synonyms with the difference that the concept of “society” is closer to the legal sciences and disciplines, and “society” to social.

General characteristics that make it possible to call a group of people a society from the point of view of social cultures and disciplines:

  1. The total area of ​​residence. The society inseparably exists together. It can be a state or a family.

  2. The activities of the members of society are of a general nature, and they are busy for the benefit of one idea.

  3. As a consequence of the previous paragraph, in society there is a place to be the distribution of labor between members of society.

From the main characteristics it becomes clear that the state and the family are most suitable for the definition of society. In fact, the term itself is used in a broader sense. However, the definition in itself carries just that.

Now let's turn to the second object of discussion.

Economy

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Definitions of teaching aids can be interpreted roughly the same. The economy is a system that works for the benefit of man, the action of which is aimed at the effective use, use and production of any material goods.

That is, from this one can judge that without society as a whole, the entire economic system loses its meaning of existence in general. And without an economic system, a coherent life of society is impossible.

The economy and the economic system itself has much more definitions, but in any of its manifestations, the economy deals with the following issues:

  1. What needs to be made?

  2. For whom?

  3. How to do it more rationally?

  4. How much do you need to produce?

  5. Can positive changes be made?

Co-ordinated action

Despite the significant difference in definition, the general characteristics of society and the economy have. The point is not in the characteristics themselves, but in the destination.

Society is a subject and a resource for the economy and the economic system. At the same time, when the economy itself exists only for the good of society. From this it follows that society and the economy in any of its manifestations simply simply would not exist without each other.

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