Economic-class

Economic-class refers to a social stratum defined primarily by a person's financial standing, income, and accumulated wealth. It indicates an individual's or a group's position within a society's hierarchy based on their economic resources and the opportunities and limitations that accompany that position. This classification significantly impacts access to resources, social mobility, healthcare, education, and overall life chances. economic-class distinctions often manifest in varied lifestyles, consumption patterns, and political influence within a community.

Economic-class meaning with examples

• The university's scholarship program aimed to increase opportunities for students from all economic-classes. A student from a lower economic-class often experiences financial barriers to higher education. They may struggle with covering tuition, housing, and living expenses. This can limit access to the same educational resources as their wealthier counterparts, potentially impacting their future career prospects.