Final answer:
Socioeconomic status (SES) influences access to resources and opportunities, which has a significant impact on development.
Step-by-step explanation:
Socioeconomic status (SES) is an important context for development because it influences access to resources and opportunities. SES refers to an individual's level of wealth, power, and prestige. It determines the choices individuals have in forming families and how material and symbolic resources are dispersed across a group of people. For example, research shows that differences in socioeconomic factors can strongly influence achievement gaps among students of different backgrounds.