socio-economic status

Socio-economic status (SES) is a way to measure a person's overall social and economic position in society. It considers factors like income (how much money they earn), education (their level of schooling), and occupation (job type and its status). SES influences access to resources, opportunities, and quality of life, affecting health, education, and social interactions. People with higher SES generally have more financial stability and access to better services, while those with lower SES may face barriers that impact their well-being and prospects.