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Socioeconomic factors that affect supply chain

The socioeconomic factors affect supply chain,this could happen if the Social and economic factors not stable ,so by analysing the socioeconomic factors we find for example education ,it is one of the big factors affect supply chain system ، as education level could improve supply chain through technology as well educated people and high skilled calibers,also when we go for income factor ,the less income the less demand accordingly less supply،and more income more demand and supply which affect price elasticity the big factor of supply chain optimization and shows the responsiveness  ,other factor is health which very important for human resources and man power and more improvement of the supply chain system that could be managed through    such health and wealthy people

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