Money, Power, Respect

Socioeconomic status (SES) is an economic and sociological combined
total measure of a person's work experience and of an individual's
or family’s economic and social position relative to others, based
on income, education, and occupation. When analyzing a family’s
SES, the household income earners' education and occupation are
examined, as well as combined income, versus with an individual,
when their own attributes are assessed. Socioeconomic status is
typically broken into three categories, high SES, middle SES, and
low SES to describe the three areas 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 variables (income, education,
and occupation) can be assessed. A fourth variable, wealth, may
also be examined when determining socioeconomic status.
Additionally, low income and little education have shown to be
strong predictors of a range of physical and mental health
problems, ranging from respiratory viruses, arthritis, coronary
disease, and schizophrenia.