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Objective determinants of consumption include factors such as income, prices, and interest rates that impact how much individuals can afford to spend. Subjective determinants of consumption involve personal preferences, tastes, and attitudes towards saving and spending that influence consumer behavior. Both types of determinants interact to shape overall consumption levels in an economy.

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Difference between objective and subjective elements in sociology?

Objective elements in sociology refer to aspects of society that can be observed and measured objectively, such as social structures, institutions, and demographic data. On the other hand, subjective elements refer to individual beliefs, values, attitudes, and perceptions that may not be directly observable or measurable. Understanding both objective and subjective elements is important in sociology to gain a comprehensive understanding of society and human behavior.


Is ethnicity subjective?

Ethnicity is a complex concept that is influenced by both objective factors such as cultural heritage and subjective factors such as self-identification. While objective factors like ancestry or nationality can play a role in determining someone's ethnicity, individuals may also have their own subjective understanding of their ethnicity based on personal experiences and cultural affiliations. Ultimately, ethnicity is a multifaceted construct that can be interpreted subjectively by individuals.


Is how people interpret their situation in life and how they view what they are doing and how they perceive what is happening to them referred to as their objective meaning of life?

No, the interpretation of one's situation and their perspective on life is typically referred to as their subjective meaning of life, as it is based on personal thoughts and feelings. Objective meaning of life generally refers to a broader, universally-applicable purpose or significance that may exist, regardless of individual perspectives.


What are social determinants?

The social determinants of health are the processes that create, enforce or maintain social inequalities. By contrast, the structural determinants of health, are the resources by which people can control the conditions of their life, through things like income, education, healthy environments, supportive communities etc.


What is a objective phenomenon and does it go with the symbolic interactionist perspective?

An objective phenomenon is an aspect of reality that exists independently of individual perceptions or interpretations. It is often linked to the symbolic interactionist perspective, as this approach emphasizes the subjective meanings that individuals attach to such phenomena and how these meanings shape social interactions and experiences.