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A system of economic enterprise based on economic exchange is known as
Capitalism was a new economic system which emerged from the Industrial revolution.
Capitalism generally features the private ownership of the means of production (capital) and a market economy for coordination. Corporate capitalism refers to a capitalist marketplace characterized by the dominance of hierarchical, bureaucratic corporations.
History is the study of
History as a subject focuses on the societies of the past.
Slums in urban areas denote
People in cities migrate from rural areas to urban areas in the search of jobs and poverty, which leads to formation of slum areas.
Sociology focuses on
The existence of a society is based on the interactions among members of society.
Society is looked upon as
Society is a complex whole of institutions, statuses and roles. All these parts have different functions.
Sociology is the study of
Sociology means the science of society. Human social behaviour is the base for the formation of a society.
Classification of societies was based on
A new era had begun after setting up of the industries in Europe, which led to the emergence of modern societies.
One of the features of modern societies is
Factory production denotes capitalist economy and growth of new cities.
Social problems can be understood in the realm of
Being science of society, sociology also deals with the social problems of society.