Significance of Economic status
Economic status is a multifaceted concept that encompasses the financial and material condition of individuals and groups, influencing various aspects of their lives. It impacts access to resources, healthcare, and education and is examined across different fields, including Yoga, historical contexts, and scientific studies. The socioeconomic standing can dictate agricultural participation, health outcomes, and educational opportunities, while also reflecting the evolving economic landscape within India. Overall, economic status plays a crucial role in shaping individual and community welfare.
Synonyms: Financial condition, Economic condition, Financial state, Economic position, Financial position
In Dutch: Economische status; In Finnish: Taloudellinen tila; In Spanish: Situaci贸n econ贸mica; In German: Wirtschaftlicher Status; In Malay: Status ekonomi
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
The concept of Economic status in local and regional sources
Economic status encompasses the financial well-being of individuals or groups, influencing property ownership, social classification, educational opportunities, consumption behavior, portrayal in media, and participation in agricultural activities, highlighting its multifaceted impact across various contexts.
From: Triveni Journal
(1) The financial standing of individuals or groups that influences their purchasing behavior and the subsequent generation of solid waste.[1] (2) The financial condition of characters depicted in Indian films, showcasing a range from wealthy to poor backgrounds.[2] (3) The financial and material condition of individuals or groups, influencing their ability to participate in agricultural production.[3] (4) A social classification based on wealth, which did not influence educational opportunities in ancient India.[4]
The concept of Economic status in scientific sources
Economic status is a crucial determinant of health, influencing individuals' financial means to purchase nutritious food and access healthcare, thereby affecting overall health behaviors and outcomes for both individuals and communities.
From: The Malaysian Journal of Medical Sciences
(1) This is a demographic characteristic that was found to have a statistically significant relationship with quality of life in both the control and intervention groups.[5] (2) Economic status is a factor that influences the likelihood of being overweight or underweight, and the study found a substantial positive relationship between overweight and the wealth index.[6] (3) This is a factor, along with cultural aspects and personal desires, that may influence willingness to donate organs, indicating the complexity of factors affecting people's decisions regarding organ donation.[7] (4) This is a characteristic of households that was found to be a significant factor associated with catastrophic health expenditure.[8] (5) An individual's, family鈥檚, or community's financial standing, which can influence access to resources and services necessary for recovery after disasters.[9]