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Questions and Answers
Describe the distribution of income and wealth in the US (is income or wealth inequality greater)?
Describe the distribution of income and wealth in the US (is income or wealth inequality greater)?
Wealth inequality is greater than income inequality.
What is income?
What is income?
Income is work earnings.
What is wealth?
What is wealth?
Wealth is assets minus liabilities (what you own minus what you owe).
What is power?
What is power?
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What is occupational prestige?
What is occupational prestige?
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What are the characteristics of the upper class?
What are the characteristics of the upper class?
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What are the characteristics of the middle class?
What are the characteristics of the middle class?
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What are the characteristics of the working class?
What are the characteristics of the working class?
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What are the characteristics of the lower class?
What are the characteristics of the lower class?
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Which is the largest social class in the US?
Which is the largest social class in the US?
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How does social class affect health outcomes?
How does social class affect health outcomes?
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How does social class affect attitudes and values?
How does social class affect attitudes and values?
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How does social class affect political orientations and participation?
How does social class affect political orientations and participation?
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How does social class affect parenting?
How does social class affect parenting?
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How does social class affect family life and gender?
How does social class affect family life and gender?
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What is horizontal mobility?
What is horizontal mobility?
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What is intragenerational mobility?
What is intragenerational mobility?
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What is intergenerational mobility?
What is intergenerational mobility?
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List the trends in social mobility over the past 100 years.
List the trends in social mobility over the past 100 years.
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What is poverty?
What is poverty?
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Study Notes
Income and Wealth Distribution
- Wealth inequality in the US surpasses income inequality.
- Income refers to earnings from work, whereas wealth represents the difference between assets and liabilities.
Social Class Overview
- The upper class exhibits high incomes, with distinctions between upper-upper class (inherited wealth) and lower-upper class (earned wealth).
- The middle class is demographically diverse and accumulates wealth over time.
- Working class includes routine jobs that are low-paying and lack benefits.
- Lower class features part-time work, unemployment, and life marked by insecurity.
Social Class Characteristics
- The middle class is the largest social class in the US.
- Social class significantly impacts health outcomes, with wealth correlated to better health care access and life expectancy.
- Wealthy individuals tend to be conservative economically but liberal on social issues; the poor display the opposite tendencies.
Parenting and Social Class
- Affluent parents prioritize creativity and independence; working class parents emphasize obedience and discipline.
- Parenting styles differ, with affluent parents promoting individualism and involvement in extracurricular activities.
Social Mobility
- Horizontal mobility involves changing jobs while staying at the same class level.
- Intragenerational mobility refers to changes in social position within a person's lifetime.
- Intergenerational mobility addresses the social mobility of children compared to their parents.
- Trends in social mobility show an overall upward trajectory over the last century, but recent shifts have made mobility uneven and sometimes downward.
Poverty
- Poverty is defined as a lack of resources necessary for adequate living.
- Absolute poverty denotes a severe lack of resources, while relative poverty is comparative to societal standards.
- Relative poverty is more prevalent in the US today.
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Description
Test your knowledge with these flashcards on Chapter 11 of Sociology. Learn about the concepts of income, wealth, and inequality in the US. Perfect for students looking to reinforce their understanding of key sociological terms and ideas.