What phrase describes the phases a person experiences starting from birth into a family of a certain social standing until they establish their own family unit?

Explanation

The term 'socioeconomic life cycle' refers to the progression of stages an individual goes through, beginning with their birth into a family with a particular social status and continuing through the creation of their own family. It differs from concepts like intergenerational mobility or vertical mobility, which focus on changes in social status rather than the full life progression.