For the current tornado season, see Tornadoes of 2017. A tornado is a rapidly rotating column of air that spins while in contact with both the surface of the Earth and a cumulonimbus cloud or, in rare cases, the base of a cumulus cloud.
Definition of socio-economic - relating to or concerned with the interaction of social and economic factors Definition of socio-economic - relating to or concerned with the interaction of social and economic factors
In contrast macroeconomics involves the sum total of economic activity, dealing with the issues such as growth, inflation, and unemployment. Macroeconomics is the study of economies on the national, regional or global scale. This key difference alters how the two approach economic situations. Microeconomics does consider how macroeconomic forces impact the world, but it focuses on how those forces impact individual firms and industries.