Microeconomics is a branch of economics that focuses on studying the habits and finances of individual households. Macroeconomics is the branch of economics that deals with economy as a whole, rather than...

A country is deemed to be developing or developed mainly on the basis of economics, per capita income, industrialization, literacy rate, living standards etc. A developed country has a highly developed...

Race is a classification system that is used by sociologists to categorize humans into large and distinct populations or groups. This is done on the basis of hereditary physical appearances, geographic...

Urban areas are defined by faster lifestyle, increased technology and high population density. Rural areas are defined by small-tight knit community, with lack of technology and resources.

Both psychologists and psychiatrists conduct psychotherapy and research, but a psychiatrist is a medical doctor, whereas a psychologist has a Ph.D. A psychiatrist is allowed to prescribe medicine, conduct...