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ECONOMY AND SOCIAL CONSTRUCTION
PRESENTATION BY NITHIN KALORTH
04/10/2023 Economy and social construction 2
“All history is a history of class struggle” - Karl Marx
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ECONOMY
• As per Oxford dictionary economy is control and management of money and other resources.
• Not only money alone, control the economy but also who ever and what ever linked with it.
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ECONOMY
Population
Geography
Environment
Isolation
Migration
Attitude
Factors affecting Economy
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3 Basic Hunger of Human
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When ever these needs are not met human start to fight.
Food
Water
Sex
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Good economy
Better livelihood
Better education
Distribution of Resource Equally
Less crime activities
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How effect on society?
• When a person get enough money he first acquire his basic needs.
• When a person get more money than he needed, he changes his lifestyle.
• When a person get money even more, he start to invade others who are economically low than him.
• When a person don't have money, he starts his struggle for sustain.
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Impact on individual
Attitude Knowledge Culture Thoughts Needs
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Impact on familyChange in lifestyle
(Reducing or increasing
consumption of goods and service )
Change in settlement
(Migration to the
demographic area according
to their economy)
Change in culture
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Impact on society
Isolation(Isolating a special
economic group)
Value of money
(Inflation and
deflation)
Change in culture
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INFLATION
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Some thoughts!
• Normally increase in economic stage is not discussed but the crisis in economy is always a burning topic.
• Even thou human characters like emotion, feel, sense are there but when it comes to material life ECONOMY (resource) matters.
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Last word !
• From government policies to basic needs of an ordinary individual plays a role in change of economic status of a state or country.
• Economy is not static, it’s a changing phenomenon.
“Today you have, tomorrow me ”