Which of the following would be studied by economics but not necessarily by sociology, according to the passage? |
The probable impact of a specific investment How caste influences trade Why particular communities dominate certain markets How markets are socially embedded |
The probable impact of a specific investment |
The correct answer is Option 1: The probable impact of a specific investment. Option 1: The probable impact of a specific investment – Correct. Economics studies how markets function, including the effects of investments. Option 2: How caste influences trade – Incorrect. This is part of the sociological study of markets within society. Option 3: Why particular communities dominate certain markets – Incorrect. Sociology examines how social groups organise and control markets. Option 4: How markets are socially embedded – Incorrect. This is a key sociological concept . |