SOCI 1F90 Lecture Notes - Lecture 8: Social Inequality, Meritocracy, Reward System
17 Nov 2016
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* three of these four chose to remain with their husbands or loved ones. Chances of survival depending on their social class: first class highest survival chance, third class lowest survival chance. After the tragedy: first class bodies placed in coffins, second class bodies in canvas bags, third class bodies placed on iceberg, crew buried at sea. Social class affects your survival chances in life. Society structured by inequitable distribution of economic resources. Social stratification hierarchical ranking of people into different economic groups. Hierarchy social system where people are ranked by their value/worth. 2014: family (2 or more people): ,870, single parents with kids: ,780. 2015: top earners: . 7 million; . 4 million, richest 86 people earned more than the poorest 11. 4 million combined, average ceo"s salary: (cid:855)(cid:855)(cid:853) times that if the average worker, (cid:859)(cid:856) times that of a minimum wage workers.
