socio-economic class

Found in Anh - Anh (Wordnet)

Definition Noun : A category of people within a society who share a similar position based on a combination of social and economic factors. This position is typically defined by criteria such as income, wealth, education, occupation, and social status. Usage The term "socio-economic class" is used to analyze and describe the hierarchical stratification of a society. It refers to groups of peopl...