SOC 10CD Lecture Notes - Lecture 7: Mollie Orshansky, Lebron James, Meritocracy

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Social stratification: the division of large numbers of people wealth, power, and prestige. 1 wealth: the total value of everything someone owns minus their debt: the richest 20% of the population earns about 47% of the (cid:374)atio(cid:374)"s total income while the poorest 20% has about 4% of the national wealth. Government, the military, and corporations who have similar backgrounds, value, and interests. 3 prestige: respect; how you regard a person; a subjective status depending on how the perso(cid:374) is per(cid:272)ei(cid:448)ed, usually it"s (cid:271)ased o(cid:374) o(cid:272)(cid:272)upatio(cid:374: usually does(cid:374)"t (cid:272)ha(cid:374)ge, with prestige comes status. Status system: a system in which people are stratified according to their social prestige. Occupations that require more education offer higher income or generally given higher prestige. Slavery system: form of stratification in which some people own other people: examples: slavery and indentured servants. Cast system: relatively rigid stratifi(cid:272)atio(cid:374) syste(cid:373) i(cid:374) (cid:449)hi(cid:272)h people"s positio(cid:374)s i(cid:374) life are ascribed and fixed.

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