What is the difference between society and economy?
Posted by admin in Finance
Monday, 24 October 2011 11:20
Im doing an investigation and it requires me to talk about the environment, behaviours, society and economy. Then I suddently realized I dont know the difference between the two. I would love a simple answer, thanks.
Society refers to people. You can talk about their status, behavior, fashion, marriage, etc.
Economy is more the business side of things. Cost, production of goods, management, etc.
Hope this helped a little. Good luck.