SOC102H1 Lecture 2: Social inequality
Document Summary
L ec ture 2: p overty, in equality, and s oc ial c las s es. P overty is the condition of not having enough things required for life. Inequality is a ranking s ys tem that exis ts no matter how much poverty exis ts. T he g ini index is us ed to meas ure inequality. Mos t s ocieties range from 0. 25 to 0. 35, while african s ocieties range around 0. 8. L ow income cut-off (l ic o ) A low-income family s pends 20% more of its income on necessities than an average family of the s ame s iz e. E xample of neces s ities : food, s helter, clothing. A low-income family earns one-half of the median income of a hous ehold of the s ame s iz e. E xample: if the average family is making ,000, the family earns only ,000.