Socioeconomic Meaning?

Answer

Socioeconomic is an adjective and it is used to describe something that relates to or is concerned with the interaction of social and economic factors. It is basically, income and social position that is used to measure the status of a family or an individual in a community.
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Ask.com Answer for: what does socioeconomic mean
so·ci·o·ec·o·nom·ic
[soh-see-oh-ek-uh-nom-ik, -ee-kuh-, soh-shee-]
ADJECTIVE
1.
of, pertaining to, or signifying the combination or interaction of social and economic factors: socioeconomic study; socioeconomic status.
Source: Dictionary.com
Socioeconomic refers to things that involve economic and social factors. Socioeconomic status is based on factors such as income, education, occupation, and involvement in your community.
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Socioeconomics is the study of the relationship between economic activity and social life. It emerged as a separate field of studies in the late 20th century.
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The 14 rights outlined in the Universal Declaration of Human Rights are the right to work, the right to choice of employment, the right to own property, right to adequate standards
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Basically your staus in society based on the way you live and the money you make.
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