The six economic concepts in october sky by Homer Hickam are1) poverty as the whole family of Homer worked in the coal mine,2)Unemployment was prevalent as there was no job other than in coal mine3)Production was only in coal mine,4)Money was needed to run family and Homer wanted to earn money to run family by learning rocket building and working in NASA 5)Education which was the determining factor in imparting technological knowledge and help Homer and his town reach their goal of getting employment in places other than coal mine6)Scarcity since coal mine is running out of coal and so it was necessary to create more job opportunities .
The book bears description of the socio economic factors all through out the essay.
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