SOC 1100 Lecture Notes - Lecture 11: Socioeconomic Status, Social Inequality, Working Poor

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Many people think of canada as a middleclass society . However, there is severe social inequality in our society that most of us just ignore. Poor canadian families struggle from day to day simply to make ends meet. Social class in canada has several dimensions. People often talk of inequality as if it were determined solely by money. Socio-economic status is a composite measure of social position that considers also power, occupational prestige and schooling. Can look at is as do you have a voice based on gender, age, culture . Occupational wages or salaries, earnings from investments, and government transfer payments. In 2004, the average family income was 000. The total amount of money and other assets, minus outstanding debts. Stocks, bonds, real estate, and other privately owned property. The control of these kinds of assets sets the wealthy apart from the rest. People with status are more likely to get away with crime.

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