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What are the sociological views about Markets and Economic System?

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The main aim of economics is to understand and explain how markets work in the modem capitalist economy. For example, how are prices determined? What are the benefits of certain kinds of investment? What are the factors that make people earn money and spend it? All these questions are answered by economics. Here the question is what contribution the sociologist can make in the study of markets. Sociology tries to go beyond the things that economics tells us. That means, Sociology tells us things about the market which Economics does not tell us. Sociology looks at the changes markets bring in the society.

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