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chapter 7 ppt - SYG 2000 x 9297 Georgia Bianchi...

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SYG 2000 x 9297 Georgia Bianchi [email protected]
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A hierarchical arrangement in society by which groups have different access to power, property, and prestige. Sports Organization example
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Distinction between Wealth and Income: ... Value of assets vs. flow of money Distribution of Wealth and Income: ..70% of US wealth owned by 10% of families, top 20% have almost 50% of income, bottom 20% have only 4% of income and owe more than they own Power: the ability to carry out your will despite resistance Power Elite: Mills Used This Term for Those Who Make the Big Decisions in U.S. Society
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Estate - Elite owns property and has control over resources. Caste - rigid hierarchy of classes. Class - status is partially achieved, there is some potential for movement between classes.
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Social class is the social structural position groups hold relative to the economic, social, political, and cultural resources of society. Class determines the access people have to these resources and puts groups in different positions of privilege and disadvantage. Class also shapes language, dress, mannerisms, taste, and other preferences.
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Income distribution in the United States
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The More Things Change, the More They Stay the Same: The Percentage of the Nation’s Income Received by Each Fifth of U.S. Families Source: Henslin, Based on Statistical Abstract 1960:Table 417; 1970:Table 489; 2005:Table 672.
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The rate of poverty among people in the United States has been steadily increasing since 2000. h Among women heading their own households, 31% live below the poverty line.
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