exam 2 sociology Flashcards
Structural inequalities built into society, impacting economic opportunities, cultural status, and social standing. This involves relatively stable categories where life experiences depend on one’s category, with change occurring gradually
social stratification
Categories within a society defined by
class
a class that includes purchasing power, earnings, wages, assets, investments, wealth, and savings.
economic indicators
a class that includes access and quality of education, including public schools, private schools, higher education, and elite institutions.
education
a class that includes type of work, credentials required, skills needed, and connections involved
occupation
a class that includes social regard for one’s job, lifestyle distinctions, including dress and tastes
prestige
a class that includes access to quality healthcare, affordability of insurance, long-term health outcomes, and mental health.
health
Disparities in wealth and income distribution
economic inequality
The concentration of wealth among the top 1% of earners.
the 1% explosion
Growing disparity between the wealthiest Americans and the rest of the population, contradicting historical narratives of equality and opportunity.
extreme inequality
Increasing gap between worker productivity and wages
wage and productivity widening
Impact of a globalized economy on wages and inequality
globalization
Influence of technology and automation on job markets and income distribution.
technological advancements
The ability to move between different socioeconomic positions.
social mobility
Moving to a higher socioeconomic position, often observed across generations and strongest among educated, white males.
upward mobility
Moving to a lower socioeconomic position, influenced by factors like globalization, automation, outsourcing, deregulation, and shifts in the economy.
downward mobility