Step 1: Understanding the Concept:
Sociology defines human social aggregates based on territory, social cohesion, and shared institutional frameworks.
Step 2: Detailed Explanation:
A community is defined sociologically as a group of people occupying a contiguous geographic territory, sharing a common culture, experiencing a collective 'we-feeling' or consciousness of kind, and meeting their essential livelihood needs through shared local social institutions.
Society is broader and abstract, while a neighborhood lacks the full set of self-contained institutions.
Step 3: Final Answer:
Thus, such a social group is known as a community.