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Class
Group who shares a common social status based on factors like wealth, income, education, and occupation
Class system
Social standing based on social factors and individual accomplishments
Class traits
The typical behaviors, customs, and norms that define each class AKA class markers
Conspicuous consumption
The act of buying and using products to make a statement about one’s social standing
Downward mobility
The lowering of one’s social class
Endogamous marriages
Marriages of people within the same social category
Exogamous unions
Unions of spouses from different social categories
Ideology
The cultural belief system that justifies a society’s system of stratification
Income
The money a person makes from work or investments
Intergenerational mobility
A difference in social class between different generations of family
Intragenerational mobility
Changes in a person’s social mobility over the course of their lifetime
Primogeniture
A law stating that all property passes to the firstborn son
Socioeconomic status (SES)
An individual’s level of wealth, power, and prestige
Structural mobility
A societal change that enables a whole group of people to move up or down the class ladder
Wealth
The value of money and assets a person has from ; inheritance or salary.
Closed system
A system of stratification that accommodates little change in social position
Open system
A system of stratification, based on achievement, allowing some movement and interaction between layers and classes