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A social norm is a shared standard of acceptable behavior by a group. [1] Social norms can both be informal understandings that govern the behavior of members of a society, as well as be codified into rules and laws. [2]
Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a contemporary one, known as "new economic sociology".
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The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, [1] is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.
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The origin of ORTKP-EKM can be traced back to the foundation of Economic Research Center (Pusat Penelitian Ekonomi, PPE) which was founded on 1962. The PPE was a unit of Indonesian Council of Sciences ( Majelis Ilmu Pengetahuan Indonesia , MIPI), predecessor of Indonesian Institute of Sciences ( Lembaga Ilmu Pengetahuan Indonesia , LIPI).
An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services.In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [3]