SOCI 1F90 Lecture Notes - Class Stratification, Social Stratification, Social Inequality

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24 May 2014
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Individuals over the age of sixty-five have the highest rate of poverty. False: men account for two out of every three impoverished adults in canada. False: age plays a key role in wealth accumulation in canada. True: the riches 10 percent of canadian households account for approximately one- third of all wealth. False: fewer than 1 percent of canadian households have a net worth of at least a million dollars. False: between 1984 and 2001 the rich got richer and the poor got poorer. It is said to occur when attributes such as gender, minority status and class affect a person"s access to socially valued resources (e. g. money, status, and power but also health care, education, political representation etc. ) Social stratification: system by which a society ranks categories of people in a hierarchy. All known cultures have forms of social stratification. Because inequality is institutionalized, it"s structured into our society.

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