World Stratification Notes

World Stratification Notes - World Stratification Notes 1...

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World Stratification Notes 1. There are 192 nations included in the world stratification statistics. The nations are usually divided into categories that vary by name but mean relatively the same thing. The divisions are based on economic factors such as per capita income and other social indicators such as life expectancy and literacy rates. 2. Common Names for world’s divisions: Core, Semi-periphery, Periphery; High-Income Nations, Middle-Income Nations, Low-Income Nations; First World, Second World, and Third World Nations 3. Distribution of World Income: Percentage of Global Income – In Quintiles 20% of the richest people on earth =80% of Global Income 20% of the next richest = 10% of Global Income 20% of the next richest = 6% of Global Income 20% of the next richest = 3% of Global Income Last 20% of the people on earth = 1% of Global Income Information from Sociologist Macionis, page 227 in Society 1
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4. Characteristics of three divisions of nations: Core or High-Income: Includes 52 nations such as
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World Stratification Notes - World Stratification Notes 1...

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