SOC 103 Study Guide - Midterm Guide: Canada Pension Plan, Organism, Quartile
Document Summary
Biological determinism inequality is caused by or adapts to biologically inherent differences in ability and motivation among people. Functionalism / structural functionalism inequality provides functional benefits to society as a whole. Dialectical theory inequality results from the workings of capitalism as a social system: specifically, capitalists (bourgeois) accumulate wealth by exploiting workers (proletarians) In exploitation, workers create more value than they are paid for; the difference becomes profit. Organism a system of interdependent parts where each part benefits, and benefits from, the whole. Meritocracy a system that allocates benefits according to merit and achievement. Tournament a system that allocates goods according to the outcomes of competitive mutual contingency situations. Extortion racket a system in which a minority skims wealth off the majority by threatening to block access to productive resources. Power the a(cid:271)ilit(cid:455) to a(cid:272)hie(cid:448)e o(cid:374)e(cid:859)s goals despite oppositio(cid:374) Status a position within a social structure; usually ranked: socioeconomic status a measure of status based on occupation, income and education.