SOCI 1001H Chapter Notes - Chapter 6: Social Capital, Progressive Tax, International Inequality
24 Oct 2016
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Social stratification the way society is organized in layers or strata. Can also give you more political influence. Improves health: net work of the richest fifth increased by more than 64, bottom fifth was on average poorer. The rich are getting richer while the poor are getting poorer. Amount of money earned in a given period. In 2011, average canadian family earned about 20 times more than average. Canadian family did in 1951: less impressive than it sounds, more than half the gain was due to inflation. Average number of earners per family increased as more women entered the paid labour force. Average worker is more skilled and is using more sophisticated technology to produce more goods and services per hour of work. In 2010, bottom fifth earned just 4. 8% of all income. Top fifth earned 44. 3: . 43 of every was earned by the richest 20% of families.
