Social stratification
A person’s wages or investment dividends
What is income?
Allows for little change in social position. They do not allow people to shift levels and do not permit social relationships between levels.
What are closed systems?
The ability of individuals to change positions within a social stratification system.
What is social mobility?
The net value of money and assets a person has
What is wealth?
Is based on achievement and allows for movement and interaction between classes.
What are open systems?
An upward shift when moving from a lower to a higher socioeconomical class.
What is upward mobility?
_______ are a key determinant of social standing. They tend to pass their social position on to their children.
What are parents?
A set of people who share similar status based on factors like wealth, income, education, family background, and occupation.
What is a class?
A downward shift when moving from a higher to a lower socioeconomical class.
What is downward mobility?
An individual’s place within social stratification
What is socioeconomic status?
A hypothetical system, where social stratification is determined by personal effort and merit.
What is meritocracy?
The level of wealth available to acquire the material necessities and comforts to maintain a specific lifestyle.
What is the standard of living?
A society’s categorization of its people into rankings based on factors like wealth, income, education, family background, and power.
What is social stratification?
The consistency, or lack thereof, of an individual’s rank across the factors that determine social stratification within a lifetime.
What is status consistency?
When societal changes enable a whole group of people to move up or down the social class ladder.
What is structural mobility?