SOC 1100 Lecture Notes - Lecture 7: Upper Class, Blue-Collar Worker, Social Inequality

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Week seven soc 1100 sociology march 8th. Income occupational wages or salaries, earning from investments and government pay. Wealth the total amount of money and other assets, minus outstanding debts: wealth consists of stocks, bonds, real estate and other property. Occupation is a major determinant of whether you"ll have income, wealth and power. Schooling affects both occupation and income; some categories have greater opportunities. The upper-upper class, high society or blue bloods which is less than 1% of the population. The lower-uppers are the remaining 2-4% of the population that makes the upper class fall. The middle class consists of 4-50% of the canadian population, it has major influence on society. The upper-middleclass is based on above-average income in the range of ,000-175,000. The average-middles typically work in less prestigious white-collar occupations (bank tellers, middle managers) or in highly skilled blue-collar jobs (electrical work and carpentry)

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