Sociology Chapter 11 Flashcards

Wealth inequality is greater than income inequality.

Income is work earnings.

Wealth is assets minus liabilities (what you own minus what you owe).

<p>Power is the ability to get people to do what you want.</p> Signup and view all the answers

<p>Occupational prestige is the reflection of one's occupation on their social class.</p> Signup and view all the answers

<p>The upper class is characterized by high incomes and significant wealth. Upper-upper class is inherited wealth (old money) while lower-upper class is wealth earned during one's lifetime (new money).</p> Signup and view all the answers

<p>The middle class contains the most racial and ethnic diversity and builds small amounts of wealth over a lifetime.</p> Signup and view all the answers

<p>Also known as the lower-middle class, working class jobs are routinized and characterized by lower pay and limited benefits.</p> Signup and view all the answers

<p>The lower class consists of low wage jobs, part-time workers, nonstandard work hours, and the unemployed, characterized by insecurity and hardship.</p> Signup and view all the answers

<p>The largest social class in the US is the middle class.</p> Signup and view all the answers

<p>Wealth is equated with health, as affluence allows better access to necessary healthcare, impacting life expectancy.</p> Signup and view all the answers

<p>Higher education and financial security correlate with greater tolerance of differences, while the affluent tend to be more confident.</p> Signup and view all the answers

<p>The wealthy are typically conservative on economic issues and liberal on social issues, while the poor are the opposite.</p> Signup and view all the answers

<p>Affluent parents emphasize creativity and independence, while working class parents focus on discipline and obedience.</p> Signup and view all the answers

<p>Working class parents value conformity and have an authoritarian style, while affluent parents encourage individuality and are more flexible.</p> Signup and view all the answers

<p>Horizontal mobility is changing jobs at the same class level.</p> Signup and view all the answers

<p>Intragenerational mobility refers to a change in social position that occurs within a person's lifetime.</p> Signup and view all the answers

<p>Intergenerational mobility is the upward or downward social mobility of children in relation to their parents.</p> Signup and view all the answers

<ol> <li>Social mobility has been fairly high 2. Social mobility within a single generation is usually small 3. Long term trend has been upward 4. Since 1970s, mobility has been uneven 5. Short term trend has been downward.</li> </ol> Signup and view all the answers

<p>Poverty is the condition in which people lack what they need to live.</p> Signup and view all the answers