SOCI 1101 Study Guide - Final Guide: Upper Class, Social Stratification, Symbolic Interactionism
Document Summary
Social inequality is the unequal distribution of wealth, power, or prestige in society. Social stratification is the division of society into groups arranged in a social hierarchy. All societies have some form of stratification (based on race, gender, caste, age, etc. ). Income is the money received, while wealth is a measure of net worth. Categories of social class in the united states primarily include the upper class, middle class, and lower class. However, there are also classes in between these social classes. The upper class comprises 1% of the population. Members of this class have an income of more than. ,000 and possess most of the wealth of the country. Members of this class (usually professionals and managers) have an income between ,000 to ,000. The middle class comprises 30% of the population. These members (white-collar workers) have an income between ,000 to ,000. The lower middle class or working class comprises 30% of the population.
