socioeconomic
adj. C1 Advanced US //soʊˌsiˌoʊˌɛkəˈnɑmɪk// UK //sˈəʊsɪˌəʊkənˈɒmɪk// so·cioe·co·nom·ic
adj. relating to how money and social status work together to affect people's lives. You use this to describe things that involve both social and economic factors.
adj. relating to or involving a combination of social and economic factors. Typically describes the interaction between social standing and financial status.
The city faces many socioeconomic challenges.
Researchers found a strong link between socioeconomic status and access to high-quality healthcare in rural areas.
The government's new policy aims to bridge the socioeconomic divide by investing in vocational training programs for historically underserved communities.
Usage
Typically used attributively before a noun; often paired with 'status', 'factors', or 'background'.