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These flashcards cover key concepts related to the digital divide and social stratification, reflecting socioeconomic disparities in the U.S.
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Digital Divide
The gap in Internet access and technology use that reflects differences in socioeconomic status.
Income
Money received, especially on a regular basis, for work or through investments.
Wealth
The total value of an individual’s assets minus their liabilities.
Contradictory Class Location
A position in the class structure that shares characteristics with both the capitalist and working classes, such as managers and white-collar workers.
Real Income
Income adjusted for inflation, providing a fixed standard of comparison.
Social Stratification
The hierarchical arrangement of individuals in a society based on wealth, income, education, and occupation.
Occupational Status
The social standing or prestige associated with a person's job.
Educational Attainment
The highest level of education an individual has completed.
Subprime Mortgage
A type of mortgage offered to individuals with poor credit histories, often featuring high interest rates.
Class Structure
The system of social classification in which individuals are grouped based on factors such as income and wealth.