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Philip Kaloki
Mar 30

Explain the term social economic status?

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ChatGPT
Mar 30
Social economic status refers to an individual's or a group's position within a social hierarchy based on their economic resources, such as income, wealth, education, and occupation. It is a measure of an individual's or a group's relative social standing and can impact their access to resources, opportunities, and quality of life. Social economic status is often used to analyze and understand patterns of inequality and social mobility within a society.
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