Classes
The upper 1% of a capitalist society (Think the USA)
Upper class
A form of social stratification that is determined by the conditions that a person is born into.
Caste System
Unlike India, ____ is somewhere worth is based on wealth.
America
a social system with ample opportunities to move from one class to another
Open System
Mixed economy
The class that most 2 and 4-year college jobs feed into.
Middle class
a system of stratification practiced primarily in capitalist societies that ranks groups of people according to their wealth, property, power, and prestige.
Social class
The world having changed, ____ or the divition of people by race or ethnicity is not accsepted anymore
APARTHEID or SEGREGATION
a system of social stratification based on a hereditary nobility who were responsible for and served by a lower stratum of forced laborers called serfs
Feudal System
Pure market economy.
Lower and or unskilled workers with no higher education feed into these jobs.
Working poor
a concept that identifies how different categories of inequality (race, class, gender, etc.) intersect to shape the lives
Intersectionality
Social classes in the _____ are based on birth where in the united states they are based on wealth.
India
the system of segregation of racial and ethnic groups that was legal in South Africa between 1948 and 1991
Apartheid
An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Captialism
lower-level professional and management workers and some highly skilled laborers in technical jobs
White collar workers
a measure of net worth that includes income, property, and other assets
Wealth
The ____ or the tastes, habits, expectations, skills, knowledge, and other cultural assets that help us gain advantages in society
CULTURAL CAPITAL
a social system with very little opportunity to move from one class to another
Closed System
A political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Socialism
skilled and semi-skilled workers who perform manual labor or work in service or clerical jobs
Blue collar workers
Federal index that defines “official” poverty in the United States based on household income; updated annually
Fedral Poverty Line
____ or the tendency to choose romantic partners who are similar to us in terms of class, race, education, religion, and other social group membership is commmon more in capatalistic societys.
Homogamy
An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Capatilism
There is no private sector, as the central government owns or controls all business. In a command economy, government officials set national economic priorities, including how and when to generate economic growth, how to allocate resources, and how to distribute the output.
Pure Command Economy