Socioeconomic development
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Socioeconomic development is the process of social and economic development in a society. Socioeconomic development is measured with indicators, such as GDP, life expectancy, literacy and levels of employment. Changes in less-tangible factors are also considered, such as personal dignity, freedom of association, personal safety and freedom from fear of physical harm, and the extent of participation in civil society. Causes of socioeconomic impacts are, for example, new technologies, changes in laws, changes in the physical environment and ecological changes.