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Social Stratification
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== <span style="color: #FFFFFF;">Remembering</span> == * '''Social Stratification''' β The hierarchical arrangement of individuals into social classes or strata. * '''Social Class''' β A group of people with similar wealth, power, and status (e.g., Working Class, Middle Class). * '''Socioeconomic Status (SES)''' β An economic and sociological combined total measure of a person's work experience and of an individual's or family's economic and social position. * '''Meritocracy''' β A system where progress is based on ability and talent rather than wealth or social class. * '''Social Mobility''' β The movement of individuals or groups between different social strata. * '''Intergenerational Mobility''' β Changes in social status between different generations of the same family (e.g., a child of a laborer becoming a doctor). * '''Intragenerational Mobility''' β Changes in social status during the course of a single individual's life. * '''Caste System''' β A closed system of stratification where social position is determined by birth and cannot be changed. * '''Bourgeoisie''' β The owners of the means of production (the ruling class in Marxist theory). * '''Proletariat''' β The working class who sell their labor to the bourgeoisie. * '''Cultural Capital''' β The non-financial social assets that promote social mobility (e.g., education, intellect, style of speech, dress). * '''Social Capital''' β The networks of relationships among people who live and work in a particular society, enabling that society to function effectively. * '''Poverty Line''' β The minimum level of income deemed adequate in a particular country. * '''Wealth vs. Income''' β Income is what you earn (flow); wealth is what you own (stock). </div> <div style="background-color: #006400; color: #FFFFFF; padding: 20px; border-radius: 8px; margin-bottom: 15px;">
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