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Socioeconomic status has long been related to health, those higher in the social hierarchy typically enjoy better health than those below. [23] Socioeconomic status is an important source of health inequity, as there is a very robust positive correlation between socioeconomic status and health. This correlation suggests that it is not only the ...
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
International organizations, such as UNESCO, have been influential in promoting primary education for all children. Many factors influence the success of education. Psychological factors include motivation, intelligence, and personality. Social factors, such as socioeconomic status, ethnicity, and gender, are often associated with discrimination.
Inequality leads to major differences in the educational success or efficiency of these individuals and ultimately suppresses social and economic mobility. Inequality in education is broken down into different types: regional inequality, inequality by sex, inequality by social stratification, inequality by parental income, inequality by parent ...
Social stratification refers to a society's categorization of its people into groups based on socioeconomic factors like wealth, income, race, education, ethnicity, gender, occupation, social status, or derived power (social and political).
Additionally, education is an important tool in the transmission of core values. The core values in education reflect on the economic and political systems that originally fueled education. One of the most important core value that is transmitted through the education system is individualism, the principle of being independent and self-reliant.
In common parlance, the term social class is usually synonymous with socioeconomic class, defined as "people having the same social, economic, cultural, political or educational status", e.g. the working class, "an emerging professional class" etc. [3] However, academics distinguish social class from socioeconomic status, using the former to ...
Socioeconomic status (SES) is a combined total measure of a person's work experience and of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.