Social Class and Stratification
What is class?
Class is defined as “any division of society according to status” or social ranking
The country with the most unequal distribution of income, wealth, and financial assets?
USA
what careers are on the list of those with the largest wealth?
record label owners, movie producers, and those who own media companies
Is inequality a huge concern where there is a high degree of mobility?
No
What does PACs stand for?
Political Action Committees
what is stratification?
the stability of the distribution of social goods
Highest salaries
About 10 percent of people have what type of net worth
a negative net worth
Thinking Criminal Justice, which kind of people are likely to have no economic mobility?
people with criminal records
Which groups of people are considered marginalized?
Poor, unemployed, women, and people of color
"an ongoing war of the rich against the poor for control of wealth"
who is the richest man in the world?
Jeff Bezos
Which group has a higher wealth?
Actors, entertainers, and celebrities
or, record label owners and movie producers
Record label owners and movie producers
According to the book, what is the total financial aid in the form loans?
$1.1 Trillion
What phrase means “buyer beware”
Caveat emptor
Other attempts to describe social class have not been as useful, why?
most have not been as useful because they are not tied to the theory of power and do not contribute to the understanding of law, crime, and justice
Crime can be related to...?
powerlessness and exploitation of the lower class
whats does the concept of relative wealth mean?
its means that for every dollar of wealth a white household has, a black one has six cents
"Low income families hold student debts amounting to about __ % of their income..."
70
The characteristics of corporations are comparable to that of?
Psychopaths
Bourgeoisie, petty bourgeoisie, proletariat, and lumpenproletariat
who are the top earners?
Top earners are Caucasian male hedge fund managers
Who was the minority to be on the Forbes Celebrity 100 and Forbes Richest 400?
Oprah Winfrey
What are the 2 types of mobility mentioned in the video?
relative mobility
absolute mobility
What is the textbook definition of "deferred prosecutorial agreement"?
Charger will be dropped if there is no additional wrongdoing