SA 150 Lecture Notes - Lecture 5: Iqvia, Social Stratification

• School: Simon Fraser University
• Department: Sociology and Anthropology
• Course: SA 150
• Professor: Suzanna Crage

Document Summary

Idea that poor deserve to be poor because of something they did. Major corporaions inluencing ppl: but they may be doing so out of others" beneit, not selish reasons (ex. Middle class: most ideniied class but not everyone who ideniies its: state-of-mind, american dream : to be successful. Way of looking at income distribuion b/w families. Process: sort families chronologically by amt of income, income divided into ive groups, each quinile represents two families. Net worth: overall value of asset (your big bucks/emergency money) Median: half-way point oten used to explain income; less afected by super large/small numbers (which oten pulls up or down the average number) Mean: average number easily exaggerated (pulled up or down) by extremely hi or low numbers. The declining middle class inequality is subjecive. A subjecive sense of one"s status in comparison to: others, what one expects from oneself (ex.