SOC102H1 Chapter Notes -Conspicuous Consumption, Anomie, Immigration Policy

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10 Oct 2012
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Economic inequality: large differences in income and wealth across groups within a society; and differences in economic power of nations. From karl marx two different classes": people who own the means of production and people who work for those who own the means of production. Profit making depends on low wages and keeping prices high. The working class; through unions, and legislations, try to improve their wages, job security etc . However, it is often hard for workers to agree on how to band to together, and often people have different mentalities and outlooks, conflict arises here. Usually families preserve and transfer wealth from one generation to another. Functional theory of stratification that certain jobs (doctors, judges etc ) deserve more pay and praise then other jobs (store clerk, garbage man) Social mobility: movement of individuals from one social class to another during the course of ones lifetime. Absolute poverty: lack of basic requirements (food, shelter, clothes) for basic survival.

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