Sociology 1020 Lecture Notes - Lecture 12: Petite Bourgeoisie, Conflict Theories, Socioeconomic Status

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Social stratification: hierarchical arrangement of social groups based on their control over basic resources. Creates persistent patterns of social inequality perpetuated by the way in which wealth, power, and prestige are distributed and passed on from one generation to the next. Societal ranks categories of people into a hierarchy. Marx: primitive communism- closest to equality (distinction- age & gender) The extent to which members of a society can change their socioeconomic position. Horizontal mobility: gain or loss in position or income which does not produce change in one"s rank. Vertical mobility: gain or loss in position that produces a change in one"s place in the socioeconomic hierarchy. Intrageneratiional mobility: change in social position during one person"s lifetime. Intergenerational mobility: upward or downward movement that takes place across generations within a family. Canadians- 3 months away from homelessness if lost job. Meritocracy: system of stratification based on person merit.

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