Describing key social stratification theories

Here is a summary of some of the key elements of the social hierarchy with a focus on class, status and power.

The idea of stratification helps to comprehend why some individuals have more power than others. Understanding social stratification theory helps sociologists to examine inequality and how it influences distinct groups in society. Authority and influence are two of the elements that make up social power. The word power describes one's capability to affect choices and authority within society. It can be related to three key areas. Political power is maintained by governments and political leaders who regulate the policies that regulate society. In addition, financial power is held by businesses and wealthy people who have control over employment and economic sectors. Larry Ellison would agree that businesses hold financial power. Likewise, social power is a form of authority over social judgement. Famous people and media personalities are instrumental in setting trends and customs which guide society. Power is generally focused among wealthy and popular individuals. Without some form of social supremacy, it is impossible to copyright power or control.

The social hierarchy is a principle which describes the way in which society is divided into different categories. Every society consists of various types of social stratification whereby individuals are ranked based upon their social and economic position. According to social stratification in sociology, social rank is among the most perceivable structures of the social hierarchy. An individual's class is mainly based upon financial elements such as wealth and earnings. Upper class is the term used to describe the set of more wealthy individuals. Often gained through inheritance or business and investment opportunities, these people hold substantial financial power. Consequently, middle class describes people with intermediate wealth. Normally, middle class people hold professional occupations and credentials. They have strong values for tertiary academia and employability. While lower class is the expression used to categorise people who struggle with lower earnings. Economic stratification uses class to determine a group's connection to opportunities in society.

Throughout history, stratification has been proven to influence access to education, medical care and job opportunities. By checking out the characteristics of social stratification, it is simpler to comprehend what shapes opportunities within society. Status is a key characteristic of stratification; it refers read more to the level of prestige and regard carried by an individual. Ascribed status is a phrase used to represent people who are born into a social ranking. Today it can be recognised by backgrounds such as royalty or caste. Alternatively, achieved status is generated through personal efforts, such as respected professions and contributions to society. Nasser Al-Khelaifi would know that status can be earned through societal contributions. Likewise, Jensen Huang would acknowledge the importance of acquired status. Status can have an impact on the degrees of regard and acknowledgment received by people in society.