SOC100H5 Lecture Notes - Lecture 5: Dependency Theory, Social Inequality, Modernization Theory
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SOC100H5 Full Course Notes
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Educational status heavily related to socio-economic class, ex. Stratifications is the rungs of this ladder and the inequality is the ladder itself. Class i based on: income, wealth, education, occupational prestige. Just (cid:271)e(cid:272)ause d(cid:396)ug lo(cid:396)ds (cid:373)ake (cid:373)o(cid:396)e tha(cid:374) la(cid:449)ye(cid:396)s does(cid:374)(cid:859)t (cid:373)ake the(cid:373) o(cid:374) e(cid:395)ual social class footing, this is why occupational prestige matters and class cannot be dictated by solely monetary value. Income in canada shows that the rich are getting richer and the poorer are getting poorer concept. Income distribution is increasing in the top 20% and decreasing everywhere else. Must ea(cid:396)(cid:374) (cid:1005)9(cid:1005)k a yea(cid:396) to (cid:271)e (cid:272)o(cid:374)side(cid:396)ed (cid:858)(cid:1005)%(cid:859), the a(cid:448)e(cid:396)age ca(cid:374)adia(cid:374) sala(cid:396)y is 4(cid:1004)k a yea(cid:396) Choice and family backround play a role in moving up or down in socioeconomic status. In equality is inevitable, a society needs just as many fry cooks as we do doctors. Wage inequality is a by-product of these important jobs.