SOC 1167 Study Guide - Final Guide: American Medical Association, Financial Endowment, Sociolinguistics
Document Summary
Sociolinguistics- you basically can tell what class people belong in from the way they talk. Certain words or what they say or how they say it. Social mobility- the movement of families up and down the economic ladder. Meritocracy- group of people whose progress is based on ability and talent rather than on class or privilege or wealth. Merit has replaced the old system of inherited privilege. A financial endowment is a donation of money or property to a not-for-profit organization for the ongoing support of that organization. The total value of an institution"s investments is often referred to as the institution"s endowment and is typically organized as a public charity, private foundation, or trust. Cultural capital refers to non-financial social assets that promote social mobility beyond economic means. Examples can include education, intellect, style of speech, dress, or physical appearance.