What do you understand the meaning of socioeconomic?

Question

the meaning of socioeconomic

Answer 1

Socioeconomic status refers to one's relative position in society measured by her or his income, occupation, and education.

Some argue that wealth should also be considered rather than just income.

Answer 2

i cant even read it!!!:P

Answer 3

It is the economic status of people which includes income, occupation and social standards..For example, in my country we have classes A-E, "A" being a person in a top job with a high salary and possibly private housing, and E being an unemployed person with no income at all, possibly in rented accomodation and given allowance by the government..