Socio-economic status definition

Socio-economic status has the meaning set forth in Section 3.21.
Socio-economic status means the social and economic position of a given individual, or group of individuals, within the larger society. Socio-economic status is usually, but not always, conceived of as a relative concept and can be measured for the individual, family, household or community/area.5 Measures of socio-economic status vary across jurisdictions and according to the purpose for which they were devised. [See http://www.oecd.org/education/pisa-2015-results- volume-i-9789264266490-en.htm]
Socio-economic status means a social or economic condition or perceived condition of a person who is disadvantaged by poverty, low income, homelessness, or lack of or low-level educational qualifications17;

More Definitions of Socio-economic status

Socio-economic status means a measure of an individual or family’s relative economic and social ranking.