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Socioeconomic class
refers to a category that groups people into similar economic, social, cultural, and political status.
Economic status
refers to the ranking of people based on their income classification.
Different occupations and educational attainment
have an attached value that influences an individual's position in a socioeconomic class.
white-collar occupations
Doctors, lawyers, and other ______ are considered more prestigious than blue-collar jobs.
Blue-collar workers
like construction workers and janitors are sometimes socially stigmatized.
the caste system of India
determines an individual's social class and status in their society. Citizens from higher classes receive more job opportunities in the government tha lower caste members.
Brahmins
priests
Kshatriyas
kings, rulers, warriors
Vaisyas
merchants, craftsmen, landowners, skilled workers
Sudras
farm workers, unskilled workers, servants
Dalits (Untouchables)
streetsweepers, human/animal waste removers, dead body handiers, outcastes
PENINSULARES
citizens with pure Spanish blood who were born in Spain
INSULARES
pure Spaniards born in the Philippines
ILUSTRADOS
Filipinos who studied abroad (like Jose Rizal, and Marcelo H. Del Pilar)
CHINESE MESTIZOS
fourth in the hierarchy
INDIOS
native Filipinos that are born and raised in the Philippines.
Karl Marx
proposed a socioeconomic class system that delineates the bourgeois and the proletariat.
The bourgeois
is the class that owns the "means of production" (e.g., monetary, land, technological capital) needed to initiate the production of wealth. They do not have to work since they gain money from owning and investing their capital.
The proletariat
includes anybody who is not an owner of the means of production. They must work to survive. In this system of socioeconomic class, the difference between the classes' economic and social status is clearly evident.
Economic capital
refers to financial resources that an individual possesses. Examples include money, assets, properties, and savings.
Social capital
is the collection or network of an individual's social relations with people that may be of help in the future.
Cultural capital
is the combination of knowledge, behaviors, and skills that an individual has acquired to demonstrate one's cultural competence and, in turn, determine one's social status in society.