Class
An abundance of valuable possessions or money
Wealth
A society whereby jobs and pay are allocated based on an individual's talent and achievements rather than social status
Meritocracy
How people's social standing affects their everyday interactions
Symbolic Interactionism
A worker who performs manual work for hourly wages
Blue Collar
The system of social standing
Social Stratification
The economic group with the greatest wealth and power in society
Upper Class
The change of social structure in a family
Social Mobility
Different strata are created due to differential capacity of actors and their ability to perform different roles
Structural Functionalism
A situation where an individual's social positions have both positive and negative influences on their social status
Status Inconsistency
A group of people within a society who possess the same socioeconomic status
Social Class
The lowest social stratum in a country or community, consisting of the poor and unemployed
Underclass
A person who moves from a managerial position in one company to a similar position in another
Horizontal Social Mobility
Class, status, and power
Weber
Criminal acts that are typically non-violent and financially motivated
White Collar
Differential access to and use of resources across various domains
Social Inequality
Households that earn between two-thirds and double the median U.S. household income
Middle Class
A change in the occupational, political, or religious status of a person that causes a change in their societal position
Vertical Social Mobility
Social stratification is created by people's differing relationship to the means of production: either they own productive property or they labor for others
Marx
Marrying same social status
Homogamy
An individual may face multiple types of overlapping discrimination depending on their race, gender, age, ethnicity, physical ability, class or any other characteristic that might place them in a minority class
Intersectionality
People who spend 27 weeks or more in a year in the labor force either working or looking for work but whose incomes fall below the poverty level
Working Poor
Marrying different social class
Heterogamy
An economic and social combined total measure of a person's economic and social position in relation to others, based on income, education, and occupation
SES