Social condition, also known as societal status or social standing, refers to the social and economic circumstances which can affect a person's opportunities and quality of life. There are numerous synonyms for social condition, including socio-economic status, social class, cultural background, family dynamics, upbringing, and community factors. Socio-economic status is the economic and social status of an individual or family based on income, education, and occupation. Social class refers to a group of people with similar levels of wealth, income, education, and occupational prestige. Cultural background and family dynamics encompass the values, beliefs, and traditions of a person's family and ethnicity. Upbringing can refer to individual experiences and the way in which their environment has shaped them, and community factors relate to the social, economic, and political conditions of the community that a person resides in.