SOC100H5 Lecture Notes - Lecture 9: Social Mobility, Dependency Theory, Bourgeoisie
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SOC100H5 Full Course Notes
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Social stratification: the way society is organized in layers or strata. Rich and poor, powerful and powerless, highly-educated and less- educated. What you own (e. g. house, car, furniture, savings) The amount of money earned in a given period. Although there has been more than a 20-fold increase in family income since 1951, more than half the gain is due to inflation, but also because of a rise in productivity. The distribution of income has become more unequal since 1976, except for the top quintile, which earned 3. 2% more. Income gaps have been widening in most rich countries. Canada is a welfare state that collects taxes and redistributes them in the form of welfare payments, employment insurance payments, child tax credits, and more. Analysts disagree whether poverty should be defined in either absolute or relative terms and whether it should be based on income or consumption. Canada does have an official poverty line.
