Question

A person's economic and social position in relation to others, based on income, education, and occupation is referred to as their:

Answer 1

Answer: Socioeconomic status

Explanation:

Socioeconomic status can be defined as how an individual is seen or rated based on what they've achieved in the society they are in, what they have achieve for themselves and how their achievement has robbed off on those around them positively. Sometimes, what kind of positions they hold in the society too is an additional factor. Their jobs, education, business, social status are all used to determine their Socioeconomic status.