ch 12 takeaways Flashcards
total value of money and assets minus debts
wealth
power in hands of wealthy
us power
a source of social prestige
occupation
a key to social mobility
schooling and higher education
birth, race, ethnicity, gender
caste elements in us
blue bloods whose result of wealth in most cases is birth and inherited wealth.
upper-upper class
40-45 percent of population
middle class
$60,000 to $146,000
average middle class
$146,000 to $262,000
upper middle class
$33k to $60k
working class
20 percent of population
lower class
linked to health, values, attitudes, family life, politics
social standing
twice as likely to die to health complications
children in poor families
13 times as likely to not recieve proper medical attention
poor people
lower tolerance towards newer social concepts
in the working class
encourage conformity to conventional means
working class parents
contributes to upward social mobility
college degree and good jobs
change in social position occuring during a persons lifetime
intragenerational social mobility
upward/downward social mobility of children in relation to their parents
intergenerational social mobility
6 years higher
average marriage age
reason there is less of us domestic high paying manufacturing jobs
more of a global economy through encouragement of social mobility in education
lack of resources of people in relation to others
relative poverty
lack of resources that ais life threatening
absolute poverty
trend of women making up more of poor population based on more households headed by single mothers
feminization of poverty
