grouping of people with similar levels of wealth, power, and prestige
social stratification
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assets the value of everything the person owns and income
wealth
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ability to control the behavior of others, with or without their consent
power
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respect, honor, recognition, or courtesy an individual receives from others
prestige
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what does SES stand for
socioeconomic status
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rank people according to wealth, power, and prestige
socioeconomic status
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* Stratification is necessary of a society * Roles must be performed if a system is to be maintained * The more important the role- the higher the reward
functionalist theory
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* Weaknesses * Not everyone has equal access to such resources as education * Assumes that positions that higher rewards are more important
functionalist weaknesses
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* Competition over scarce resources as cause of social inequality * Marxist theory class exploitation * Struggle for resources
conflict theory
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* Weaknesses * Fails to recognize that unequal rewards are based on differences in talent, skill, and desire
conflict theory weaknesses
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* Ex. Rockefellers, Vanderbilts, Bill Gates, Michael Jordan * “Old money” vs. “new money”
upper class
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* Ex. CEO’s, doctors
upper middle class
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* Ex. white collar jobs, nursing, middle management, teachers
lower middle class
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* Ex. blue collar, harder labor, factory workers, tradespeople, less skilled
working classes
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Ex. lowest paying jobs, housecleaning, migrant farm work, min wage
working poor
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* Ex. undesirable work, only 50% of children in underclass move up
underclass
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movement between or within social classes
social mobility
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* moves from one job to another in equal ranking
horizontal mobility
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* movement between social classes (moves from working class to lower middle class)
vertical mobility
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* Social changes within an individual’s life
intergenerational mobility
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our perception of the cause of events and behaviors