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Slavery
- One of the most persistent forms of stratification.
- an economic form of inequality in which some people are the property of others .
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Caste System
- A form of stratification
- One's caste determines lifestyle, prestige and occupational choices, which are fixed at birth and cannot be changed.
little movement allowed across strata
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Estate System (Feudal System)
- Form of stratification
- develops when high-status groups own land and have power basd on their noble birth.
Little social mobility
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Social class
- group of people who share a similar economic position in society based on their wealth and income.
- essentially an economic stratification system
- only stratification that does not have legal barriers, but actual mobility is limited
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Social mobility
The movement of people or groups from one level to another
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means of production
land, commercial enterpriseds, factories, and wealth
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Authority
is the possesion of some status or quality that compels othes to obey.
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socioeconomic status
the prestige, honor, respect, and power associated with different class positions in society
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Power
according to weber
- a person's ability to affect decisions in ways that bewnefit him or her
- Generally related to wealth and prestige but does not have to
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Prestige
- the reverence and admiration given to some people in society
- obviously derived from wealth and inco me but can also be derived from characteristics such as education, occupation (archived characteristics) or Ascribed characteristics
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Upper Class
Usually believed to include owners of vast amounts of property and other forms of wealth, major shareholders and owners of large corporations top financiers, rich celebrities and politicians, and members of prestigious families
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Middle class
likely to include college educated managers, supervisors, executives, owners of small business and professionals.
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Working Class
typically includes industrial and factory workers, office workers, clerksand farm and manual laborers.
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Poor
- people who work for minimum wage or who are chronically unemployed.
- Sometimes referred to as underclass or lower class
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Absolute Poverty
minimal requirements a human being needs to survive
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Relative poverty
refers to one's economic position compared with the living standards of the majority in a given society
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poverty line
identifies the amount of yearly income a family requires to meet its basic needs
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near-poor or working poor
the U.S. Bureau of the Census defines individuals or families who earn up to 25% more than the official poverty line amount
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Poverty rate
- the percentage of residents whose income falls below the official poverty line
- The measure that the U.S. uses to track success of the its efforts to reduce poverty
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competitive individualism
The way to be successful is hard work, strive toward goals, and compete well against other. We are fully responsible for our own economic fates.
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culture-of-poverty thesis
poor people resigned to their position in society, develop a unique value structure to deal with the unlikelihood that they will ever become successful by the standards of the larger society
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colonization
- invading and establishing control over a weaker country and its people in order to expand the colonizer's markets.
- one way for a country to use its power to control another, stratification between societies
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Stratification
ranking system for groups of people that perpetuates unequal rewards and life chances in society
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Categories of Stratification
- race, class, and gender
- income/ wealth, prestige and power
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"Life Chances"
your place in stratification system may not determine your access to valued resources, but it affects your chances
Max Weber's Idea
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Social Mobility
movement of people or groups from one clas to another
upward or downward
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meritocracy
social system in which individuals earn rewards in direct proportion to their individual efforts and abilities; everyone has an eqal chance to succeed and success is determined by individual merit
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Elements of the American Dream
- Home ownership
- better opportunities for the next generation
- chance to get rich
- secure and comfortable retirement
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Function of Stratification (Functionalit view)
Davis and Moore
- fill difficult jobs with more talented people
- if all jobs had the same rewards people would take the easy way out
- better rewards= more training
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criticisms of functionalist view
- assumes better paying jobs are more important
- assumes training for top jobs is undesirable
- stratification involves ascribed characteristics
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social capital
resources linked to social networks
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cultural capital
knowledge of cultural norms, values and beliefs
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Children of haves have what advantages?
- greater opportunity for cognitive develpment
- greater access to cultural and social capital
- access to better school
- positive labels and tracking placements
Recieve better and more schooling
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What is capitalism
- =fee markets/free enterprise
- historical system
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invisible hand
Adam smith thought that the economy should be organized so that if each person follows their individual self-interest, others will benefit
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capitalists make money that don't benfit consumers
- corporate welfare
- speculation
- fraud
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Reasons for rising income inequality
- rising salaries for wall street and other corporate executives
- growing gap between people with and without college educations
- decline in labor movement
- tax rates and other government policies
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speculation
corporations can manipulate stock prices through mergers, internal reorganizations, lay-offs, etc. that damage long-term profitaility
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