"Socioeconomic" refers to the influence of finances and educational advantages on social status. The term is most often used in explanations of class. Sociologists believe there is a direct correlation between the number of opportunities provided to individual and the abilities of those people to climb the social ladder.Know More
Sociologists and psychologists believe that those who enjoy an affluent lifestyle have a considerable amount of advantages over their more financially depressed counterparts. Obtaining a good job as an adult often begins with education. A quality education costs money, and statistics show that affluent parents are willing to spend money in order to give their children every advantage over their classmates, whereas parents who face economic challenges place a lower priority on spending additional money on supplements to education.
Psychologists also weigh in that those children who come from families of a high socioeconomic status tend to be more confident in their abilities. Statistics show that this facilitates a static socioeconomic status. In other words, those children who are born poor tend to remain poor the rest of their lives. Those who are born into affluent families achieve affluence themselves in adulthood. There has been considerable emphasis over the past few years of the influence of socioeconomic status on power, particularly in corporations and government. Questions have been raised about the ability of CEOs and government officials to make sound decisions in the best interests of a majority that is of considerably lower socioeconomic status.Learn more about Economics
The Human Development Index, devised by the United Nations Development Program, is a means of assessing a country's development based on life expectancy, literacy, education and income. Every year, the United Nations publishes a Human Development Report based on data compiled from the Human Development Index.Full Answer >
Research conducted in 2009 shows a correlation between low socioeconomic status and a slower rate of academic development among students. It is suggested that households with a lower socioeconomic status are fraught with stresses that negatively impact students' focus at school.Full Answer >
Ancient Egyptians' diet varied depending upon their social status, but it was likely that the ancient Egyptians all consumed the staples of bread and beer. Dates, vegetables, and pickled and salted fish were also available to the peasants, whereas a wider range of food was consumed by the wealthier citizens. Wine and meat were enjoyed by everyone on special feast days, although the wealthy were able to indulge more often.Full Answer >
According to My Agriculture Information Bank, mixed farming is advantageous because it allows farmers to diversify and spread risk, enables recycling and prevents dependence on external inputs, reduces the spread of diseases and pests through biodiversity, leads to high profits, guarantees work throughout the year and enhances a farmer's social status. The utilization of equipment, labor and land is very efficient in mixed farming enterprises.Full Answer >