Socio-economic definition: Socio-economic is the combination of economical and social measure of a persons social position based on income, education and occupation. An example, would be a person talking to a teenager and saying, "My monthly income is £5000, I spent most of my education on Plumbing at college and I work at 'Pimlico Plumbers'.
If it was a teenager talking about there income and education they would say something like, "My monthly income is "150" (if they have a job), I am currently still in education, but working on Childcare at college and I work at Tesco.
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