Question

How does socioeconomic status effect an individuals opportunities and resources

Answer 1

A person's socioeconomic status is determined by standards such as education, income and occupation. That is to say, socioeconomic level means the performance of a person and his comparative economic and social status in society.
Socioeconomic status has many effects on a person's life, the main among which is-

Impact on education
The socio-economic status of a person severely affects his level of education. A person of lower socioeconomic status has a lower level of education than a person with a higher socioeconomic status. Because a person with weak socioeconomic status lacks basic resources such as income resources, means of communication, access to books and school or college.

Health effects
Individuals with low socioeconomic status do not have access to health services, due to which they face many serious health problems. Lack of awareness is also a reason for health problems, such as lack of awareness for serious illness like AIDS. There is also a lack of awareness of health standards like hygiene and nutrition due to weak socioeconomic status. Low socioeconomic status gives rise to diseases like mental stress, cardiovascular diseases, hypertension, arthritis and cancer.

Political influence
The concentration of political rights has also increased towards the affluent class due to the prevailing inequality in the socioeconomic situation. The availability of political rights is also available to those who are more powerful socially and economically. And those who are at the socio-economically low level are not able to properly utilize their political rights. Even in political participation, a person of low socioeconomic status is less active than a person of high socioeconomic status.

Psychological effects
Psychological status of children in a family with weak socioeconomic status also has a bad effect as there is a lack of proper communication between children and parents. Because of this the average dictionary of a child lacks words compared to children with higher socioeconomic status. Due to which their language level is low. Children from families with low socioeconomic status are generally introverted and do not feel connected to society in the same way that children with higher socioeconomic status do.

A person of low socioeconomic status does not have access to employment, business, financial resources, justice etc. and is not even aware of his political or constitutional rights. Low socioeconomic status gives rise to serious problems like poverty, unemployment and starvation and the next generation of families with low socioeconomic status also gets caught in this vicious cycle.