Answer:
Socioeconomic status is the social standing or class of an individual or group. It is often measured as a combination of education, income and occupation. Examinations of socioeconomic status often reveal inequities in access to resources, plus issues related to privilege, power and control.
Explanation:
Socio-Economic Development Challenges in South Africa (And How To Beat Them!)
High unemployment and low incomes. This is at the heart of many of the socio-economic development challenges. ...
A breakdown in the nuclear family. ...
High crime rate. ...
Poor standards of education. ...
Unsustainable business practises.
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