What does socio-economic status (SES) combine to assess class ranking?

Socio-economic status (SES) is a comprehensive measure that reflects an individual's or family's social and economic position relative to others. It is typically assessed using three primary components: income, education, and occupational prestige.

Income serves as a direct indicator of financial resources and economic well-being. Higher income levels are generally associated with a better quality of life and access to various opportunities.

Education level contributes significantly to SES as it often correlates with job opportunities, earning potential, and social mobility. Higher levels of education typically lead to occupations that offer better salaries and benefits.

Occupational prestige pertains to the perceived status of a person's job within society. Certain professions carry more weight and respect due to their requirements and contributions to society, further influencing one's SES.

Collectively, these three elements provide a nuanced understanding of class ranking, enabling a more accurate portrayal of an individual's or family's socio-economic standing. This is why the correct answer accurately identifies the components of SES as income, education, and occupational prestige.