The socio-economic background refers to the social and economic status of an individual or family, which includes factors such as income, education level, occupation, and social class.
Related terms
Social mobility: The ability of an individual or family to move up or down the social ladder based on changes in their socio-economic status.
Income inequality: Refers to the unequal distribution of income among individuals or groups within a society.
Education gap: The disparity in educational achievement between different socio-economic groups.