Chapter 5; Social Inequality Flashcards
social inequality
An unequal distribution of wealth
what is social stratification and what is it based on?
socially sanction patterns/classes of social inequality in society based on distinguishable attributes such as race, age, gender, income, or occupation
closed systems of stratification
little or no movement between social rankings, ex. slavery
what is the caste system and what does it result in?
a closed system of stratification; hierarchical, based solely on inherited social standings. Result in social reproduction, ex. caste system in India
social reproduction
the tendency of people to remain in their social classes of origin and to reproduce the experience of their parents
endogamy
marriage occurs within castes
open systems of stratification
possibility of moving from one level to another
class system
open system of stratification, dominant system, based on achieved and ascribed economic measures such as annual income or possession of resources
social class
a group whose membership is based on economic measures such as annual income
social mobility
movement within or between social classes in a stratification system
vertical mobility
movement up or down the social ladder
horizontal mobility
changes in social positions within the same level of class
intragenerational mobility
changes in social class that occur within a person’s lifetime
socioeconomic status (SES)
social standing based on a combined measure of education, income, and occupation
intergenerational mobility
changes in the social classes of children relative to their parents
financial wealth
corresponds to economic assets derived from income, real estate, savings, investments, ect.
median after-tax yearly income
55,500
how to measure financial wealth
by lining up all of the after-tax incomes for Canadian economic families/individuals and partitioning them into 10 equal groups each containing 10% of the population (deciles), so we can see how income denotes class structure