Exam 4 Flashcards
a group may earn what by it’s lifestyle?
status
a group with power would rank higher on what?
party
Weber saw peoples’ class position in their activities where?
market
Marx showed that the value of a product is created by what?
labor
social stratification in the United States primarily takes what form?
class system
a high status group does what to prevent it’s lifestyle from being copied?
complication of norms
what economic resource takes the form of homes, cars, artworks, stocks, and bonds?
assets
when a job meets more of society’s needs, Davis and More describe it as having greater what?
functional importance
the size of an elite group, as Milner observes, will not be made larger because status has what quality?
in-expansible
according to Davis and More, what has society developed to motivate it’s scarce talent to fill top positions?
social stratification
measures of an individual’s income, wealth, education, and occupation are added to form what was an indicator of SES?
index
what would theoretically happen when a larger number of people have high status?
status inflation
What do Davis and More assume about the most highly paid positions?
functional importance / scarcity of personnel
lowering a person’s status is difficult because status has what quality?
inalienable
Marx’s labor theory of surplus value is represented by what formula?
M - C -M