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Lecture4 - Lecture 4 Stratification and Inequality(Chapter...

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Lecture 4: Stratification and Inequality (Chapter 6) - Stratification – institutionalized system for distributing rewards to those at varying levels in social hierarchy (wealth, prestige, and power / designates SES) o Old money vs. New money o SES – Social Economic Standing o Breakdown: Macrolevel Layers or Strata – patterned Perpetuates by distribution based on placement Institutionalized o The degree of stratification in a society is determined by how unequally resources are distributed, how distinct social classes are, how much mobility between classes, how permanent classes are o Types of systems Closed – based on ascribed characteristics and mobility is not possible Caste System – rigid and stable (India) Estate System – closed, but not as rigid (feudal) Open – based on merit and mobility possible (U.S.) Class stratification – institutionalized system by which some groups have more economic resources and power than others Class system – more fluid o Status not determined by religious standing or legal standing o Boundary between classes are not really clear cut o Class positions in part are achieved o Class stratification is economically based
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