Examples of economic restructuring in the following topics:
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- Deindustrialization refers to the process of social and economic change ignited by the removal or reduction of industrial activity.
- One explanation centers on economic progress.
- Another explanation focuses on economic restructuring—institutional and governmental encouragement of the development of a more robust service sector, often at the expense of the manufacturing sector.
- According to the Organization for Economic Cooperation and Development (OECD), real industrial production rose in the United States in every year from 1983 to 2007.
- Examine the four elements of deindustrialization and its impact on society, in terms of economic restructuring and societal crisis
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- In economics, the cycle of poverty has been defined as a phenomenon where poor families become trapped in poverty for at least three generations.
- These families have either limited or nonexistent social and economic resources.
- Sociologists have argued that the economic restructuring of the U.S. and other developed nations from manufacturing to service-based economies has led to chronic joblessness in inner cities.
- These illnesses can be disabling, preventing people in poverty from working in certain occupations or at certain capacities, thus reducing one's opportunities to improve their social and economic status.
- This limits their ability to improve their economic position, again perpetuating poverty.
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- Features of urban decline include deindustrialization, depopulation, economic restructuring, abandoned buildings, high unemployment, fragmented families, political disenfranchisement, crime, and a desolate landscape.
- Since the 1970s and 1980s, urban decline has been associated with Western cities having experienced institutional restructuring.
- Cities tend to grow because of momentary economic booms.
- Economic decline tends to lead to urban decline.
- However, subsequent economic changes left many newly-grown cities economically vulnerable and marred with employment factors that contribute to urban decline.
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- Economic sociology is the study of the social causes and social effects of various economic phenomena.
- Economic sociology is the study of the social causes and social effects of various economic phenomena.
- Influential figures in modern economic sociology include Fred L.
- In some cases, contemporary economic sociology borrows mathematical tools and economic theories such as utility maximization and game theory.
- Examine the two periods of economic sociology - classical and contemporary - and the difference between economic sociology and socioeconomics
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- This motivation for behavior restructures day-to-day interactions among people in a given society.
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- The industrial division of labor, one of the most notable characteristics of this societal type, in many cases leads to a restructuring of social relations.
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- An informal economy is economic activity that is neither taxed nor monitored by a government and is contrasted with the formal economy as described above.
- Although the informal economy is often associated with developing countries, all economic systems contain an informal economy in some proportion.
- Informal economic activity is a dynamic process which includes many aspects of economic and social theory including exchange, regulation, and enforcement.
- Examples of informal economic activity include: the sale and distribution of illegal drugs and unreported payments for house cleaning or baby sitting.
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- Multinational corporations play an important role in the world economy through the process of economic globalization; in other words, the increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, services, technology and capital.
- Proponents of economic globalization argue that the economic benefits are widely shared between different parts of society, discounting critics who point to rising inequality between the rich and poor within nations who have joined the global market.
- Not all observers of economic globalization have a positive evaluation.
- Finally, economic globalization may result in unequal economic relations of dependency between developing and developed countries.
- They may feel that without these forms of economic connection, their country cannot survive.
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- Mexico's rapid economic changes have led to huge gains in GDP, but have caused social problems such as stratification and inequality.
- The years from 1930-1970, during which Mexico instituted its new protectionist economic policy, have been dubbed by economic historians as the "Mexican Miracle," a period of economic growth and capital accumulation.
- Thus, Mexico became one of the most open countries in the world to trade, and the economic base shifted accordingly to exports and imports .
- Mexico's economic development has been substantial.
- Consequently, infrastructure, social development, education, and economic growth have lagged behind in southern states.
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- It has been argued that high rates of education are essential for countries to be able to achieve high levels of economic growth.
- This has been found to be true, once the threshold has been breached, even if the potential economic value of the children's work has increased since their return to school.
- It has been argued that high rates of education are essential for countries to be able to achieve high levels of economic growth.
- Education economics is the study of economic issues relating to education, including the demand for education and the financing and provision of education.
- Define education economics, human capital, human capital flight, and educational technology