What is Socio Economic Status?

Category: Economics

1Definition

A combined measure of a person's economic and social position based on income, education, and occupation.

2Context

Predicts health outcomes, educational attainment, and life expectancy. Used in research and policy analysis.

3Example

Lower socioeconomic status correlates with higher rates of chronic disease, partly due to healthcare access and stress.

⚠Common Trap

SES isn't just income—someone with high education but low income may have different outcomes than someone with low education and low income.

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