socio-economic factors

Socio-economic factors are the social and economic conditions that influence people's lives. They include income level, education, occupation, and access to resources like healthcare and housing. These factors affect opportunities, quality of life, and overall well-being. For example, someone with higher income and education might have better health and job prospects, while those with fewer resources may face more challenges. Understanding these factors helps explain differences in people's experiences and outcomes across communities.