Social Class, Inequality, & Poverty Flashcards
a system that puts categories of people into a hierarchy
stratification
a group of individuals who share a similar economic position based on income, wealth, education, and occupation
social class
the total amount of money someone earns each year
income
the total amount of money that a person has or could have if they sold off all their assets
wealth
made up of the capitalist class and the upper-middle class
privileged class
(commonly known as the top 1%) makes money from the things they own: businesses, real estate, stocks, and bonds
capitalist class
making up about 14% of the population, these well-educated individuals rely on their high incomes from jobs to catapult them into this category
upper-middle class
although relatively small in size, this group includes individuals whose annual incomes are well into the six-figure range
working rich
here we have about 60% of the population, evenly split between the middle class and the working class
majority classes
likely to have a high school diploma and some college experience (an increasing number even have a bachelor’s degree). they work as teachers, nurses, master craftspeople (plumbers, electricians, carpenters), and lower-level managers
middle class
these individuals have probably completed high school or a trade school; they typically work as office support (secretaries and administrative assistants), retail sales workers, factory workers, or low-paid craftspeople
working class
making up about one-quarter of the US population, this group includes the working poor (15%) and the underclass (10%). both have some education, but most do not have more than a high school diploma
lower class
typically employed in insecure and low-wage jobs such as janitorial and cleaning services, manual labor, landscaping, restaurant support (fast food, wait staff, line cooks), and other service industries
working poor
moving from an ascribed social class position to a new achieved social class position
social mobility
occurs when someone moves from a lower social class position to a higher one
upward mobility
dropping into a lower social class
downward mobility
built up benefits and resources
cumulative advantages
the difference in accumulated wealth between different races and ethnicities
racial wealth gap
a system where personal responsibility and individual effort are the sole determinants of success
meritocracy
a statistical measure that looks at how family income is distributed in a country to compare inequality
GINI index
people without access to the basic necessities of life, such as food, shelter, and clothing
absolute poverty
establishes the minimum income level that the federal government says is required to buy the basic necessities of life
poverty threshold/poverty line
this measure takes into account the relative economic status of people in a society by looking at how income is distributed; those in the lowest income brackets would be considered poor in comparison to others in their society
relative poverty
if you are in a household headed by a single mother, you are much more likely to be poor than those in married-couple or single-father families
household type
there is a high rate of poverty among adults who have not completed high school.
education
those with no income are substantially more likely to be poor than are those who earn even low incomes.
paid work
for people aged 18 to 64 with a disability, the 2020 poverty rate was 25%, which amounted to more than 3 million people living in poverty.
disability status
the poverty rate is approximately two times higher for African Americans, Hispanics, and Native Americans than it is for whites and Asian Americans
race
The South has the highest poverty rate, while the Northeast has the lowest
region
Census tracts where at least 40% of the population is poor
high-poverty neighborhoods
In 2020, 11.6 million children (those under 18 years old) lived in poverty; children represented 31.2% of all people in poverty.[
child poverty
people who spent at least 27 weeks (half of the last year) in the labor force but whose incomes still fell below the official poverty level
working poor
lacking a fixed, regular, and adequate nighttime residence
homelessness
in late January, communities across the country count the number of homeless people living in emergency shelters, transitional housing, or on the street
point-in-time count
people staying in emergency shelters, transitional housing programs, or safe havens
sheltered homeless
people with a primary nighttime residence that is a public or private place not designated for, or ordinarily used as, a regular sleeping space, such as the streets, vehicles, or parks
unsheltered homelessness
someone with a disability who has a) been continuously homeless for a year or more or b) has experienced at least four episodes of homelessness in the past three years where the combined length of the homeless episodes is at least 12 months
Chronically homeless individual