as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the concept of socio-economic privilege.
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socio-economic privilege is a form of privilege based on social class, which is typically characterized by wealth, education, and other access to influence and resources. those who have socio-economic privilege often have greater access to resources, such as better education and healthcare, higher-quality housing, and job opportunities compared to those who are not socio-economically privileged.
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