Social stratification Flashcards
Wealth
The amount of possessions a person has which they do not need in their daily lives. For example, savings, stocks and shares, property and expensive jewellery.
Equality
Fairness in society. This could mean equal opportunities or the way that wealth is shared out.
Life-chances
The opportunities people have of enjoying the good things in life and avoiding the unpleasant things.
Lifestyle
The quality of life and way of life people have. This includes housing, work, leisure and possessions.
Life expectancy
The term used to describe the average amount of time an individual is expected to live. It is usually based on the place they live and their gender, class and ethnicity.
Culture
A shared, learned way of life. This includes language, customs, beliefs, norms, values and traditions.
Quality of life
The standard of a person’s life in terms of health, happiness and lifestyle.
Absolute poverty
The situation when as person does not have basic needs, such as food and water.
Relative poverty
Being poor compared with other people. For example, families without internet access.
Communism
An idea of running a society with greater equality where wealth and possessions are shared. Businesses are owned by the community.
Capitalism
Societies where businesses are owned by individuals. People are paid wages to work for other people.
Welfare state
The idea that the government should look after its people in terms of education, health and wellbeing.
Private schools
An independent, fee-paying school.
Equality of outcome
The situation where everyone has the same amount of wealth and opportunities.
Equal opportunities
The idea that everyone should have the same chances of health, wealth and success.