ECONOMY AND SOCIAL CONSTRUCTION

PRESENTATION BY NITHIN KALORTH

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“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 ”