SOC100H5 Lecture Notes - Lecture 10: Upper Class, Working Poor, Inheritance
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SOC100H5 Full Course Notes
Verified Note
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24 from textbook only or lecture and textbook. About a third are in working class. Upper class: income earned from wealth (ex. ); not necessarily a salary from their chief source of income. Inherited wealth (old money) is one way: passed from one generation to another. They can also create their own wealth (mark zuckerberg, Working poor: not working a job, experiencing poverty while experiencing employment. Education can improve the quality of life. As family ses increases, the likelihood of attending university increases. Graph shows that ses has a major impact on education. From age 25-64, no high school education earns less than high school. There are many obstacles for many families that will impeded their children"s ability to pursue any post secondary education beyond highschool. You need 12182 for university and 12182 for other things. It can be difficult to go because of a lack of 12182. Health: rich eat better, better med care, live longer, etc.
