Category: Economic Sociology

  • Differences and Relationship between Sociology and Economics

    Social science is the science concerned with the study of human society and the relationship of the individual in the societies. It is an academic discipline that has been rising immensely over the years.  It includes the study of economics, politics, cultures and traditions, psychology, linguistics, and every other aspect concerning individuals and society. Under…

  • What is Capitalism? Meaning, Types, and Stages

    In terms of politics, capitalism is a socio-economic system that is based on private ownership of resources or capital. In terms of economy, capitalism becomes an economic system that is also based on private ownership just like the political one. The production and the profit gained through the selling of products ensure how the system…

  • Interrelation Between Poverty and Migration,Immigration

    Researchers have stated that lack of opportunities, unemployment and lack of facilities in rural areas including extremely small villages are the biggest cause of increased migration. The conditions of villagers are pathetic. The only work which can support them financially is agriculture or working in factories. They are poor because there’s no development done in…

  • Poverty : Meaning, Reasons, Factors and Causes

    India, as we all know being a country appreciated by all the other countries in the world and moving towards from underdeveloped to developing the country in the world it also experiences an extreme kind of poverty levels. Many might be shocked by hearing the fact and put a question of HOW POVERTY OF THIS…