The Index of Social Position uses four socioeconomic factors, weighting each one as follows: occupation (4), source of income (3), house type (3), and dwelling area (2).

Question

Quizplus · Accepted Answer

The Index of Social Position typically considers various socioeconomic factors, but the specific weighting of occupation, source of income, house type, and dwelling area as 4, 3, 3, and 2 respectively is not a standard or universally accepted method for calculating this index. Different studies and models may use different factors and weightings.

The Index of Social Position Uses Four Socioeconomic Factors, Weighting