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Preferred term

elderly socioeconomic status  

Definition

  • Most observers agree that the elderly suffered a loss in status during the periods of modernization and industrialization in the 18th and 19th centuries. According to modernization theory, older members of society failed to maintain their economic standing in the nations that were developing economically during this time, as new skills and technology replaced more primitive forms of production. [Source: Encyclopedia of Social Problems; Elderly Socioeconomic Status]

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https://concepts.sagepub.com/social-science/concept/elderly_socioeconomic_status

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