Which variable helps in analyzing the socio-economic status of a community?

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Economic indicators are crucial for analyzing the socio-economic status of a community because they provide measurable data related to the wealth and financial health of that community. These indicators can include factors such as income levels, employment rates, poverty rates, and access to services. By examining these variables, one gains insight into the overall economic wellbeing of the community, which is a key aspect of socio-economic status.

Cultural indicators, while important for understanding community values and behaviors, do not directly measure economic conditions. Health trends can highlight aspects of community wellbeing but may not fully reflect the economic status. Demographic variables like age, gender, and ethnicity provide context about the population but don't specifically address economic conditions. Therefore, economic indicators are the most direct means to assess the socio-economic status of a community.

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