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Questions and Answers
What is the primary basis for social ranking in a class system?
What is the result of social stratification?
What is the term sociologists often use to refer to class?
What is the main difference between class systems and slavery or caste systems?
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What is the term used to describe the movement of individuals up or down the social hierarchies of society?
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What is the result of social mobility in a class system?
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What is the characteristic of class systems in terms of social hierarchies?
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What is the consequence of social stratification in terms of wealth and income?
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What would happen to an individual who wins a large lottery jackpot in a class system?
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What is the characteristic of social hierarchies in a class system?
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Study Notes
Wealth and Socio-Economic Status
- Negative wealth occurs when a person's debt exceeds their assets.
- Wealth can be passed down to subsequent generations.
- Both income and wealth are indicators of socio-economic status.
Occupational Prestige
- Occupational prestige is the respect and admiration an occupation holds in society.
- Occupational type (e.g., blue vs. white collar; manual vs. intellectual labor) affects prestige.
- Social scientists rank occupations by prestige through survey data.
Education
- Educational attainment is measured by the highest degree completed or number of years of schooling.
Class System: Rossides' Model
- Upper class: top 1-2%, very wealthy and power elite.
- Upper-middle class: next 10%, high-status professionals, politicians, and charity participants.
- Lower-middle class: next 30%, low-status professionals, clerical workers, and small business owners.
- Working class: next 40%, manual and blue-collar laborers with limited post-secondary education.
Social Mobility
- Social mobility refers to the movement of individuals up or down social hierarchies.
- Downward mobility occurs when a middle-class person loses their job, spends all their savings, and becomes homeless.
- Upward mobility is possible, such as when a poor person wins a large lottery jackpot.
Measuring Social Class
- Both subjective and objective measures of socio-economic status exist.
- Subjective measures involve self-ranking, but may be biased by cultural norms.
- Objective measures include income, wealth, occupation, and education.
Factors Indicative of Socio-Economic Status
- Income: salaries and wages.
- Wealth: economic assets, including savings, land, stocks, and property.
- Occupation: affects prestige and social mobility.
- Education: highest degree completed or number of years of schooling.
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Description
This quiz covers the concepts of wealth, socio-economic status, and occupational prestige. It discusses how wealth is inherited and how income and wealth are indicators of socio-economic status.
