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Social Stratification
The system in which some people get more of fewer rewards than others
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What is Income?
What is Assets?
- Income : Salary
- Assets : Income producing property.
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Social Class
A category of people who have about the same amount of income, power, and prestige.
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Power
The ability to control the behavior of others, even against their will
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Caste system
Class System
A relatively rigid stratification system in which people's positions are ascribed and fixed.
A relatively open stratification system in which people's positions are achieved and changeable
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Social mobility
Movement from one social class to another
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Horizontal Mobility
Movement from one job to another within the same social class.
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Vertical Mobility
Moving up or down the status ladder
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Intergenerational Mobility
- A change in social class from one generation to the next
- FAMILY GENERATIONAL
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Intragenerational Mobility
- A change in an individuals social standing
- CAREER MOBILITY
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Structural Mobility
Social mobility related to changes in society
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Absolute Poverty
The lack of minimum food, shelter, and clothing necessary for maintaining life.
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Feminization of poverty
A huge number of women bearing the burden of poverty, mostly as single mothers or heads of families
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Life changes
The likelihood of living a good, long successful life in a society.
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Lifestyles
Tastes, preferences, and ways of living
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Power
The ability to control the behavior of others, even against their will.
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Power Elite.
A small group of top leaders not just from business corporations but also from the federal government and the military
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Relative poverty
A state of deprivation resulting from having less than the majority of the people have
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Upper Upper 1% - 2%
- Old Aristocracy of birth and wealth
- Ascribed status
- Most of their income is earned from investment
- "out of sight class"
- Social clubs, prep private schools.
- Intermarry.
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Lower Upper 2% - 3%
- Achieved...created their own wealth.
- Don't have family name.
- Billionaires and millionaires such as real estate employers.
- Can become members of the upper upper through marriage.
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Upper Middle (affluent class) 10% - 15%
- High level of education
- top of their profession
- actively participate in political and community life
- live in enclosed estates
- concerned with childrens personal education and career advancement.
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Middle Middle (suburban class) 15% - 20%
- Obtained the American dream (owning a home in suburbs)
- White collar professionals - business,law,education etc.
- two incomes from husb. and wife.
- PLASTIC MONEY ISSUES
- "anxious" class
- anxiety about jobs especially in downsizing
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Lower Middle (diverse class) 15% - 20%
- Pink collar workers - lower level or entry level
- less pwp
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Upper Lower (working Class) 20% - 30%
- blue collar, male dominated
- less formal education for work, but job training
- make more money than lower middle
- less prestige because of physical labor.
- Lack fringe benefits unless with union.
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Middle Lower (working poor) 10% - 15%
- Very difficult time amking a living
- full time / part time jobs minimum wage.
- not poor, but barely make enough for family of four.
- 22,000 four a fam of 4 (2010)
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Lower Lower (Poverty Class) 10% - 20%
- Isolates itself from the social class
- Joblessness,homelessness,welfareism
- decaying urban neighborhoods
- Old Underclass + new underclass.
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Income & Assets %
- 20% Upper Class
- 60% income, 80 % Assets
- 80% Lower class
- 40% of income, 20% of assets
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