Quiz 2 Vocab Flashcards
Social Stratification
-Persistent sorting of social groups into enduring hierarchies
-Existence of structured inequalities between groups in society in terms of their access to material (money) or symbolic (status) rewards
Structured Inequalities
-Those that are the result of social structure
-One group of people are attributed to an unequal status in relation to others in the category
Class
The positions in which people are sorted into based on their economic resources that influence the type of lifestyle they are able to lead
Social mobility
Opportunity to move up or down in the economic hierarchy
Quintile
Any of the five equal groups a population is divided into based on their income
Capitalism
An economic system based on private ownership of the resources used to create wealth & the right of individuals to personally profit
Proletariat
-Only have their labor
-Employed by Bourgeoisie
-Owns neither products / profits
Bourgeoisie
-Employs workers for their labor
-Owns means of production
-Owns products/profits
Means of production
Resources that could be used to create wealth
Labor
Work that is harsh on the body
Alienation
Occurs when workers who do not own their own profits & products of their labor feel disconnected from their labor
-makes labor less satisfying
Crisis of Capitalism
-Bourgeoisie would set up systems allowed them to extract wealth from workers’ labor
-Winner takes it all
-Proletariat develops class consciousness & revolution occur
-Socialism replaces capitalism
Class consciousness
The understanding that an individual is a member of a group with shared economic interests
Labor Unions
Associations that organize workers so they can negotiate with their employers as a group instead of individuals
Wealth gaps
Differences in the amount of money & economic assets owned by people from different social identity groups
The American Dream
Idea that hard work will lead to mobility and wealth
Horatio Alger
Created the myth that anyone could work hard and become a rich “self-made” man
The Treadmill of Production
Used to describe how industrial systems continually increase their rate of growth
-Growth is seen to be an inherent good and economic necessity
-Encourage use of energy and resources to create growth
-Little room for environmental concerns
-Produce tremendous waste