Socio-economic Challenges

Definition

Socio-economic challenges encompass various issues arising from social or economic factors that impact individuals or society as a whole. These challenges often involve disparities in income distribution, access to education, healthcare, and social mobility.

Related terms

Income Inequality: This term refers to the uneven distribution of income among individuals or households within a society.

Poverty Line: It represents the minimum level of income required for basic necessities such as food, shelter, and clothing.

Social Mobility: The ability of an individual or family to move up or down in social status based on factors like education, occupation, or income.