The Main Impact of Socio-economic Status

Socio-economic Factors
The socio-economic factors that determine health are employment, education, and income. For example, our employment status suggests our income. Our income level mostly correlates to our level of education, and our level of education helps in our employment. These factors often create expectations for other members of different groups, and that is how socio-economic factors influence health and relationships.

Employment Factor: This is nothing but our jobs. The things we do for a living. Our employment status and occupation play a major role in our health. For example, a high-level executive job expects to sit for long hours with less time for physical activity causes stress and affects social life. The nature of the job decides how our health (mental and physical) is going to be.

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Education: This is another socio-economic factor that influences our social, physical, and psychological health. Education here does not just refer to the level of formal education one has received. It is the knowledge about health such as awareness about healthy diet, amount of exercise one requires to do, and the way the five dimensions of health interact, etc. In most cases, people who have a lower level of formal education will have a lower level of health education. However, this is not true in all cases. This factor can be general and specific in determining health.

Income: This factor dramatically influences and helps in deciding the level of health in a person. Income is nothing but the money you earn. The amount or level of income can determine whether a person’s health will be good or poor. People with good income get better health care services that are not necessarily completely covered by Medicare. For example, a person with a knee injury has a good income. He can afford to visit a physiotherapist to recover faster. Someone with a lower income may have to be satisfied with going to the gym, pay for social activities, or eat better quality food.

Impact of Socio-economic Status
The impacts of socio-economic factors can be divided into low and high status. Low socio-economic status correlates with lower educational achievements, poverty, and poor health. Increasing evidence suggests that lower socio-economic factors negatively impact the psychological well-being of children and families. And higher socio-economic factors can yield positive psychological outcomes in youth, such as good self-esteem, optimism, and perceived control. Resilience is increased when the protective factors of socio-economic factors are strengthened. Socio-economic factors influence parenting practices and developmental outcomes for children.

Socio-economic Classes
Most of us have an idea of a common hierarchy in society, which generally is low to high, mostly based on income, wealth, power, culture, behavior, heritage, and prestige. The word class is mostly used with terms such as working, lower, ruling, and upper classes, and these are also used to describe the hierarchical steps. There is no clarity as to what those words really mean.

There are five social classes:

These five classes are representative of general labels used in day to day communication and by researchers. Gallup, a researcher, asked Americans to place themselves into these five social classes without any guidance for a few years. His analysis suggests

3% of Americans identified themselves as upper class.

15% as upper-middle-class

43% middle class

30% working class and

8% lower class.

We cannot measure all possible variables in selecting the class self-placement. However, this includes family heritage, behavior relating to clothes, the prestige of the place one lives in, cars, houses, family, and manners. Gallup’s analysis helps us identify the possible impact of each variable on social class identification.

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