What does socioeconomic status primarily influence in an individual's life?

Socioeconomic status, which includes a person's income, education, and occupation, greatly affects many parts of their life. For example, someone from a higher socioeconomic status may have access to better schools, healthcare, and job opportunities. This can lead to a cycle where they continue to succeed and thrive, while someone from a lower socioeconomic status might struggle to get the same chances. Imagine two students: one has parents who can afford to send them to a good school and provide extra tutoring, while the other student may not have those resources. This difference can make it harder for the second student to improve their situation, showing how socioeconomic status can create class inequality and affect mobility.