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The rural SEC grid, which uses education and type of house (pucca, semi-pucca, and kaccha) as measures of socio-economic class, and segments rural India into 4 groups (R1, R2, R3, R4) This is based on the assumption that higher education leads to higher income thus higher consuming potential. But that this may not always be true.
The NS-SEC is a nested classification. It has 14 operational categories, with some sub-categories, and is commonly used in eight-class, five-class, and three-class versions. [5] Only the three-category version is intended to represent any form of hierarchy. The version intended for most users (the analytic version) has eight classes:
[2] [5] However, SES is more commonly used to depict an economic difference in society as a whole. [6] Socioeconomic status is typically broken into three levels (high, middle, and low) to describe the three places a family or an individual may fall into. When placing a family or individual into one of these categories, any or all of the three ...
A social class or social stratum is a grouping of people into a set of hierarchical social categories, [1] the most common being the working class, middle class, and upper class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network.
Socio Economic and Caste Census 2011 was the fourth exercise conducted by Government of India to identify households living below the poverty line (BPL) in India that would get various entitlements, after three censuses in 1992, 1997 and 2002. [33]
Experiences shape the way memories form, so major stressors on socioeconomic status can impact memory development. Socioeconomic status (SES) is a measurement of social standing based on income, education, and other factors. [2] Socioeconomic status can differ cross-culturally, but is also commonly seen within cultures themselves.
24.3% of the population earned less than US$1 (PPP, around US$0.25 in nominal terms) a day in 2005, down from 42.1% in 1981. [8] [9] 41.6% of its population (540 million people approx.) is living below the new international poverty line of $1.25 (PPP) per day, down from 59.8% in 1981. [8]
Socioeconomic mobility in the United States refers to the upward or downward movement of Americans from one social class or economic level to another, [2] through job changes, inheritance, marriage, connections, tax changes, innovation, illegal activities, hard work, lobbying, luck, health changes or other factors.