Textbook Notes (368,425)
Canada (161,877)
Sociology (1,513)
SOC101Y1 (470)
Chapter 6

SOC100 - Chapter 6 – Social Stratification:

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Department
Sociology
Course
SOC101Y1
Professor
Arnd Jurgensen
Semester
Fall

Description
Chapter 6 – Social Stratification: Shipwrecks and Inequality Patterns of Social Inequality Wealth - Assets minus liabilities - Healthy lifestyle - Healthcare, food, nothing really to worry about - Gives you more political influence - It would take more than $3000 years to spend $1billion at the rate of $1000 a day - 80% of the world’s money is owned by 20% of the world’s population Income - In 1951 the average Canadian income was $3500, in 2007 its $71900, only due to inflation and # of earners in family increased - Canada is a welfare state Richest 5 of Canadians lose about a fifth of their income to income tax If it was just the market they relied on, the inequality gap would be much worse Poverty and its Feminization - Genes only play a minor role in income inequality, even th
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