Socioeconomic status (SES) can best be defined by what three components?

The three components that best define socioeconomic status (SES) are indeed power, property, and prestige. This conceptualization captures the complex nature of SES through these interrelated dimensions.

Power relates to an individual's or group's ability to influence others and control resources, which is a key aspect of social stratification. Property refers to the tangible assets one possesses, such as land, housing, and financial resources. Prestige encompasses the social respect and recognition one receives from society, often linked to occupation, education, and lifestyle.

Together, these components illustrate how societal structures are influenced not just by wealth, but also by the social dynamics that govern resource distribution and status acknowledgment. Understanding SES through this lens allows for a better grasp of the inequalities that exist in health and well-being among different groups.