Socioeconomic

/ˌsoʊ.ʃi.oʊˈiː.kə.nɒm.ɪk/

Meaning & Definition

adjective

Relating to or concerned with the interaction of social and economic factors.

The socioeconomic impacts of the pandemic have been profound, affecting millions of lives.

Describing the social and economic status of an individual or group.

Socioeconomic status is a significant determinant of health outcomes in communities.

Pertaining to the relationship between social and economic conditions.

The researchers studied the socioeconomic disparities in education access across different regions.

Involving both social dynamics and economic considerations.

Government policies must consider socioeconomic factors to be effective.

From socio- (social) + economic (relating to economics)

socioeconomic status

A combined measure of an individual's economic and social position.

socioeconomic background

The social and economic factors that influence a person's or group's experiences.

socioeconomic disparities

Inequalities that exist between individuals or groups due to differences in social and economic factors.

economics

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

sociology

The study of the development, structure, and functioning of human society.

demographics

Statistical data relating to the population and particular groups within it.