ENTREPRENEURSHIP

Detailed explanation-1: -The social economy is made up of a diversity of enterprises and organisations like cooperatives, mutuals, associations, foundations, ethical banks, social enterprises among other forms specific to each country.

Detailed explanation-2: -Economic systems can be categorized into four main types: traditional economies, command economies, mixed economies, and market economies.

Detailed explanation-3: -Socioeconomic status is typically broken into three levels (high, middle, and low) to describe the three places a family or an individual may fall into. When placing a family or individual into one of these categories, any or all of the three variables (income, education, and occupation) can be assessed.