Question

1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )​

Answer 1

A social-economic issue is simply a factor that can be classified as having a social and economic bearing or having an economic impact on members of society.

What are examples of Social Economic Factors?

Please note that the information on the question is incomplete hence the general answer.

Examples of social-economic factors are:

• Employment
• Safety
• Income levels
• Education etc.

One negative social-economic factor based on the above is unemployment. This is the condition wherein more and more people who are willing to work are unable to find gainful employment.

The negative impact of this on the economy is that if people are unwilling to buy household goods and pay for household services, soon those providing those services will be unable to operate their businesses.

This condition is what leads to a recession if not properly checked by the government. One way the government can decrease unemployment is by increasing the money supply.

Learn more about social-economic factors at:
brainly.com/question/359649