What is socialization?

1.

the activity of mixing socially with others.

"socialization with students has helped her communication skills"

2.

the process of learning to behave in a way that is acceptable to society.

"preschool starts the process of socialization" via. google dictionary

Explanation:

Hope that helps

the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.