SOC 1101 Chapter 9: Chapter 9

• School: University of Ottawa
• Department: Sociology
• Course: SOC 1101
• Professor: Sam Alvaro

Document Summary

Inequality the unequal distribution of valued goods and opportunities. Feudalism: refers to a social order based on agriculture, for those who own land (landlords) are entitled to receive the products of the labourers. Serfs legally obligated to work for the landlord (but not enslaved) Median the individual or family exactly in middle, where half of all such families are above and half are below. Two critical measures of inequality: income, refers to the receipt of money or goods over a particular accounting period. Ex such as hourly: earned by a job, investments or ownership, wealth. The net value of assets: commonly owned assets is real estate. Consumption: how much an individual or family actually consumes in a month or a year. Middle class: people working for a wide range of business in mostly professional, technical, or managerial job etc. What makes up a class: having conflicting economic interest with other classes, share similar life chances.