Socioeconomic status is a measure of a person's position in a class structure. A person's SES is usually determined by their income, occupational prestige, wealth, and educational attainment.
What is meant by socioeconomic status?
A way of describing people based on their education, income, and type of job. Socioeconomic status is usually described as low, medium, and high. People with a lower socioeconomic status usually have less access to financial, educational, social, and health resources than those with a higher socioeconomic status.
What is a high socioeconomic status?
Individuals with high SES ratings are likely to work in prestigious positions, such as in medicine or law; have higher salaries; and have more advanced education. These individuals have greater access to resources that can contribute to their success and to the perpetuation of similar benefits for their families.
Social class :
A social class is a set of concepts in the social sciences and political theory centered on models of social stratification that occur in a class society, in which people are grouped into a set of hierarchical social categories the most common being the upper, middle and lower classes
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