Question

Which of the following BEST explains the concept of socioeconomic status?

Answer 1

It seems that you have missed the necessary options for us to answer this question, but anyway, here is the answer. The statement that best explains the concept of socioeconomic status would be this: stratification based on income, job and education. Hope this answers your question. Have a great day!

Answer 2

Socioeconomic status is a combined total economic and sociological measure of a person's work preparation, and individual and family economic and social position in relation to other people, based on their income, education and employment. When analyzing the socioeconomic level of a family, the income of the household, the levels of orientation education, and occupation are analyzed, as well as the combined income, compared with the individual, and the personal attributes of its members.

It is generally classified into three categories: High, Medium and Low, in which a family or individual can be located.