Meaning of Socioeconomic (What it is, Concept and Definition)

Socioeconomic is an adjective attributed to every practice that relates situations, circumstances and aspects that affect both the social order and the economy of a place or region.

According to the new spelling of the Portuguese language, the correct way to write the word socioeconomic is without the hyphen (socioeconomic).

Usually, socioeconomic practice is related to the set of subjective variables that qualify an individual or a group within a hierarchy or social leveling. is the call socioeconomic level.

These variables may refer to sociological, economic, educational, labor and among others, that make it possible to help identify an individual in a certain group socioeconomic.

However, the term socioeconomic can also be used to refer to data from a municipality. It's the socioeconomic profile.

Socioeconomic profile

This profile consists of a kind of document prepared by the city hall itself, which contains sources for analysis of economic, social and cultural aspects of the site, with descriptions and data covering all sectors and bodies of the instance municipal.

The term can also refer to the form of organization of the economic and social structure that a society assumes, based on a type of system.

It's the socioeconomic system, which encompasses types of properties and the management of the economy, with processes for the circulation of goods and their consumption, in addition to the division of labor. An example of a socioeconomic system is the capitalism.

The variables evaluated in this socioeconomic practice, whether quantitative or qualitative, are responsible for presenting the socioeconomic development from a particular location.

This development is the positive variation between the qualitative and quantitative aspects related to these social and economic variables. In short, it represents a decisive process for measuring changes in the socio-economic structure of the place.

See also the meaning of Social class and of the Social inequality.

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