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Q: How socioeconomic status affects low class people?
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What is the difference between socioeconomic status and social class?

i think there is no difference between two concepts.


What is a socioeconomic status?

Socioeconomic classification involves classifying/categorising people in a given nation (in a state, jurisdiction, small geographical area with thick / thin population) based on - Health InequalityOccupationMortalityMeasuresHouseholdMen & womenNational statisticsSocioeconomic position of People (Social class like aristocrats, rich, upper middle class, middle class, Low income group)


What does socioeconomic status mean?

By socio-economic status, most people mean a person's rank in society based upon their class. In the U.S., class is primarily defined by a person's education and employment. For the most part, people with higher incomes have higher status, but not always. Lower income people in white collar occupations are usually considered higher status than blue collar people who earn more money; i.e.. a librarian is usually perceived to have greater status than an interstate bus driver. On the other hand, a self-employed journeyman plumber will not only have greater income than an elementary school teacher, but also will have higher status. In Europe and South America, its much more common for educated people with lower incomes to have greater status in society than the uneducated well-to-do. In the U.S., that's not as frequent. A high school dropout here who earns over a $100,000 per year will usually be accorded much more respect than an MBA twenty years out earning only $50,000 per year.


What is a global consumer class?

A class of People who earn at least 7,000 a year.


Why do some people say that real estate taxes are taxes on middle-class people?

Only middle-class people pay a real estate tax.B.Real estate taxes make up a large part of the expenses of most middle-class people. Middle-class people benefit the most from real estate taxes. There is no good reason -- it is a myth.

Related questions

What is Barack Obama's socioeconomic status?

Upper middle class and is currently POTUS


What is the difference between socioeconomic status and social class?

i think there is no difference between two concepts.


What is the classification of people based on wealth?

People can be classified based on wealth into different socioeconomic classes, such as upper class, middle class, and lower class. These classifications are typically determined by factors like income, assets, and social status.


Most people who lived in streetcar suburbs were members of what socioeconomic class?

middle class


Can you determine caste from socioeconomic status?

No. Caste cannot be determined by socioeconomic status. In hinduism, castism is actually a means to segragate people by their occupations. Example, Brahmans: priestly class, very learned; Kshatriyas: warrior class, known for their bravery and valor; Vaishyas: merchant class, excellent buisnessmen; Shudras: labour class. However, in modern times, caste is determined by birth than by occupation. So if you are born to a brahman household, you become a brahman by default.


What is a socioeconomic status?

Socioeconomic classification involves classifying/categorising people in a given nation (in a state, jurisdiction, small geographical area with thick / thin population) based on - Health InequalityOccupationMortalityMeasuresHouseholdMen & womenNational statisticsSocioeconomic position of People (Social class like aristocrats, rich, upper middle class, middle class, Low income group)


What words or phrases most closely means relating to the middle class?

Words or phrases that relate to the middle class could include "middle-income," "average earners," "working class," or "middle socioeconomic status."


Why is a social class important?

Social class is important because it can impact individuals' access to resources, opportunities, and privilege within society. It can influence their lifestyle, education, employment opportunities, and overall quality of life. Understanding social class helps us analyze and address issues related to inequality, social mobility, and social justice.


What is socioeconomic?

use this web site to get answer or look up: Alternate Wordings for 'http://wiki.answers.com/Q/What_does_socioeconomic_factor_mean? website: http://www.audioenglish.net/dictionary/socioeconomic.htm THANK YOU :) JSAM111


Which class in Rome inherited their status?

The people who inherit their status are the aristocrats. The Roman aristocrats were the patricians.


What is the most significant factor in determining a person's socioeconomic class?

wealth


How did the status of government officials affect the daily lives of the people in this social class?

In complete sentences, answer this question: How did the status of government official affect the daily lives of people in this social class?