Which of the following best defines socioeconomic status in the context of social stratification?

Socioeconomic status, often shortened to SES, is a way to describe a person's or family's social and economic position in society. It usually considers factors like income, education, and job type. For example, someone with a high income, a college degree, and a professional job is likely to have a higher socioeconomic status than someone with a lower income, less education, and a job that requires less skill. SES affects many aspects of life, including access to healthcare, education, and even social networks. Understanding SES is important because it helps us see how wealth and opportunity are distributed in society, contributing to social stratification.