A Review on the Impact of Subjective Social Status and Socioeconomic Status on People

Abstract

In today's society, the gap between the richer and the poorer social class is becoming more problematic: increase in advantage that wealthier people inherit outclasses endeavors of people from lower classes. Discriminations and prejudice towards people with a relatively poor family background also perpetuate. Therefore, the author believes that socioeconomic status would be a practical, functional topic of investigation. The topic of this paper is the impact of social economic status. The paper will cover several experiments: Impact of subjective social status (SSS) and Socioeconomic Status (SES) on student’s academic performance, impact of SES on children's self-perceptions Self-esteem, self-efficacy, self-regulatory capacity, and the impact of SES on one’s personality. The results of this study contribute to a further knowledge of the effects involving social economic status and to the development of different educational strategies for different families.