These socioeconomic factors can have negative effects on a person's development because they determine much of their economic and emotional success.
What are socioeconomic factors?
Socioeconomic factors are a set of factors that are related to the life of an individual and determine its development. In general, socioeconomic factors refer to the social class in which you were born, the education you have had, the income you have had from your job, and your ability to move up the social ladder.
In general, if a person from birth has access to quality education at all levels (school, college, and university) there are greater chances that they will have job success and emotional and economic balance.
On the other hand, those people who from childhood must face poverty and lack of opportunities are less likely to ascend socially and develop effectively.
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