Socioeconomic factors are the social and economic conditions that influence individuals' and communities' well-being. These factors include income level, education, employment status, and access to healthcare. They play a crucial role in determining people's quality of life and opportunities for advancement. Additionally, socioeconomic factors can affect health outcomes and access to resources. For example, individuals from lower-income backgrounds may face challenges in obtaining quality education or healthcare services. Understanding these factors is essential for addressing inequalities and promoting social welfare in society.