Economic Status

Status
Status refers to the position, class, standing, or rank achieved within society. This can be influenced by various factors such as achievements, financial wealth, education, occupation, or social connections. It is an essential aspect within sociological and economic studies that affects social hierarchies and individual identity.
Upwardly Mobile
A segment of the population that is attempting to move up on the socioeconomic class scale. 'Upwardly mobile' describes a trend toward higher status in terms of income, material goods, and lifestyles.

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