SOC100H5 Lecture : Chapter 11.docx
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SOC100H5 Full Course Notes
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Global stratification patterns of social inequality in the world as a whole. High income countries: contain 22% of the world"s people, received 80% of global income, have a high standard of living based on advanced technology, produce enough economic goods to enable their people to lead comfortable lives. Middle income countries: contain 58% of the world"s people, receive 18% of global income, have a standard of living about average for the world as a whole. Low income countries: contain 19% of the world"s people, receive 2% of global income, have a low standard of living due to limited industrial technology. Nations with the highest overall standards of living. Nations with a standard of living about average for the world as a whole. Nations with a low standard of living in which most people are poor. People lack resources that others take for granted. This sort of poverty exists in every society. A lack of resources that is life threatening.