What does the term "class" refer to in a sociological context?

In a sociological context, "class" primarily refers to an individual's economic position within society. This concept encompasses the various economic categories into which people are grouped, typically based on their income, wealth, occupation, and access to resources. Class is an important factor in determining individuals' life chances, social mobility, and access to education and healthcare, as well as how they may relate to one another within a social structure.

Understanding class involves recognizing the differences between various economic groups, such as the upper, middle, and lower classes. Each of these groups often exhibits distinct lifestyles, values, and behaviors influenced by their respective economic situations. Thus, the economic position serves as a fundamental framework for analyzing social relationships and inequalities in society, making it a central aspect of sociological study.