Socioeconomic inequalities refer to the disparities in wealth, income, education, and access to resources among different groups in society. These differences can be influenced by factors such as race, gender, geography, and education level, leading to unequal opportunities for individuals and communities. These inequalities can result in significant impacts on people's quality of life, including health outcomes, job prospects, and overall well-being. Addressing socioeconomic inequalities is essential for promoting social justice and ensuring that everyone has a fair chance to succeed, regardless of their background or circumstances.