Chapter 4: The Changing American Society – Demographics and Social Stratification

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Vocabulary-style flashcards covering key concepts from Chapter 4: Demographics and Social Stratification, including generations, demographics, social class, and marketing implications.

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34 Terms

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Generation (age cohort)

A group of people who have experienced a common social, political, historical, and economic environment that shapes their attitudes, values, and behaviors.

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Cohort analysis

The process of describing and explaining the attitudes, values, and behaviors of an age group and predicting its future attitudes and behaviors.

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Mature Market

A market consisting of older consumers; Gerontographics identifies four segments within it: Healthy Indulgers, Ailing Outgoers, Healthy Hermits, and Frail Recluses.

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Healthy Indulgers

One of the four mature-market segments identified by Gerontographics.

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Ailing Outgoers

One of the four mature-market segments identified by Gerontographics.

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Healthy Hermits

One of the four mature-market segments identified by Gerontographics.

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Frail Recluses

One of the four mature-market segments identified by Gerontographics.

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Baby Boom Generation

The generation born after World War II; aging into their 60s and 70s; older Boomers face health issues that create demand for lifestyle-compatible products (e.g., Depend).

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Generation X

The generation smaller in size, entrepreneurial, highly educated, and tech-savvy; often cynical and sophisticated about products, ads, and shopping; diverse and open to diversity; strong in home-improvement interests.

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Generation Y (Millennials)

Generation following Gen X; finishing college, entering careers, focusing on financial stability; strong technology use; influenced by music, pop culture, tolerance, and fashion; increasingly diverse.

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Generation Z

Also known as Digital Natives, iGeneration, Net Generation; about $140 billion purchase power; emphasizes self-expression and authenticity; wants brands to engage interactively (not just be talked at).

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Generation Alpha

Generation likely to be the children of Millennials; tech-savvy; buying power around $18 billion; likely to be an only child; YouTube spotlight.

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Social stratification

The hierarchical division of a society into relatively distinct and homogeneous groups with respect to attitudes, values, and lifestyles; not all societies have clearly distinct classes.

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Status crystallization

The degree to which status dimensions (income, education, occupation, etc.) are consistent; moderate in the United States.

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Social status

One’s relative position to others on dimensions valued by society, largely influenced by income, education, and occupation; it can influence behavior.

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Status dimensions

Key factors used to determine social status: parental status, education, occupation, and income; these dimensions help shape lifestyle and living standards.

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Parental status

A status dimension reflecting one's role as a parent and its implications for social standing.

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Education

A status dimension that, along with occupation and income, helps determine social status.

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Occupation

A status dimension that, along with education and income, helps determine social status.

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Income

A status dimension that, along with education and occupation, helps determine social status.

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Single-item index

A basic measure of social status using a single dimension (education, occupation, or income).

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Multi-item index

A comprehensive measure of social status using multiple dimensions to better capture overall status.

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Hollingshead Index of Social Position

A well-known multi-item index used to measure social position in the United States.

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Index of Social Position (ISP)

A multi-item index used to measure social position.

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Upward Pull Strategy

A marketing approach targeted at middle-class Americans to appeal to upward mobility and social advancement.

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Middle Americans

Members of the middle class; a primary market for home improvement centers, garden shops, and automotive parts stores; value bargains without sacrificing quality.

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Upper class marketing

Marketing that targets the upper classes, emphasizing products that symbolize the 'good life' and status; e.g., luxury TAG Heuer watches.

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Coleman-Rainwater Social Class Hierarchy

A table-based framework used to categorize U.S. social classes for marketing and sociological analysis.

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Social structure in the United States

An overview of how social classes are distributed and how they relate to one another within the U.S. context.

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Demographics

The study of population size, distribution, and key characteristics (age, occupation, education, income) that influence consumer behavior.

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Population size and distribution

Measures of how many people live in different geographic areas and demographic segments.

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Age

A demographic attribute used to segment markets (e.g., 18–24, 25–34, etc.).

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U.S. Age Distribution

The breakdown of the U.S. population by age groups.

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Projected 5-Year Age Groups and Sex Composition of the Population (2017–2060)

Census Bureau projections showing expected changes in age and gender distribution in the United States.