Ch 7 - Social Stratification, Inequality, and Poverty Flashcards
Achieved Status
Status earned
Ascribed Status
Born with
SES
Socio-Economic Status
- Income
- Wealth
- Occupation
- Education
- Political Voice
* **Short answer question
Social inequality
Disparity in income, wealth, prestige, and other resources
Social Stratification
Systematic ranking of people in a hierarchy of inequality
Caste v. Class Society
Caste: closed to social mobility. Status given for life
Class: changing class status is possible
Poverty
Unable to pay for basic necessities
Income
The amount of money a person/household earns in a year
Wealth (Net worth)
Value of everything owned minus debts
Class
persons economic position in society
- income, wealth, occupation, education
Income distribution
Top 20% = 51% 60-80 = 23% 40-60 = 14.4% 20-40 = 8.4% 0-20 = 3.2%
Blue collar
Manual Labor
White Collar
Jobs in offices, banks, etc
Pink collar
Low paying jobs traditionally done by women.
Nurse, secretary etc
Gold Collar
Low wage, but no college loans etc so spend the extra money on luxuries