SOCA01H3 Chapter Notes - Chapter 8: Gini Coefficient, Social Stratification, Cultural Capital
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Way in which society is organized in layers of strata the shipwreck example gives three messages: it is possible to be rich without working hard. People can work hard without becoming rich. Structure of society causes inequality, for inequality disappears only on the desert island. Economic inequality in canada the average canadian family earns 20 times more than it did in 1951 this is due to inflation increase in work force women now work. Canadians are now more productive more skilled and educated on technology. Measure the share of total income earned by each income-ranked fifth of the population. 1. rank families in the population from those with lowest income to those with highest income. 2. compute the total income generated by all families. 3. divided the rank-ordered families into five equal-sized categories. These categories represent the fifth with the lowest income through the fifth with the highest income. 4. compute the total income for each quintile.