Textbook Notes (362,810)
Canada (158,054)
Sociology (1,053)
SOCA01H3 (480)
Chapter 18

Chapter 18- COMPASS

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University of Toronto Scarborough
Malcolm Mac Kinnon

Chapter 18- Patterns of social inequality Economic Inequality in Canada Madonnas hit song material girl money makes the world go round The idea that money is power is a lasting theme The selling of blood, sperm and ova is common in some countries. People selling body parts are poor, people selling are rich Materialism is the attempt to satisfy needs by buying products or experiences Nowadays, a soft drink that used to cost a dime now costs a dollar. Family income has not grown proportionally. Most families now have at least two earners At the other end of the money spectrum- richest neighbourhoods World of multimillion dollar homes with indoor swimming pools, outdoor tennis courts Display patterns of inequality Step one: among classmatesm think of how much money each person might have earned in the past three months Put the people who earn a lot in the front of the line, higher earner first Step two: add up how much everyone has earned Step three: divide the line into five equal groups. Step four: add how much each member of the group has earned Step five: calculate the money each person has earned Explanations of Income Inequality Human Capital Theory stresses the increasing centrality of education as a factor affecting economic success. Social capital- refers to the networks or connections that individuals possess. www.notesolution.com
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