Social Stratification

Social Stratification - where you are born Social...

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Social Stratification • Per capita income is the average income for every man, woman, and child living in a country • Low-income countries per capita income is $775 or less • High-income countries per capita income is $9,266 or more per year Social Stratification • Consumers in high-income countries account for 86% of the total private consumption • Poorest 20% of the world only account for 1.3% of consumption • Clearly there are large disparities in income and consumption depending on the place
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Unformatted text preview: where you are born Social Stratification • Comparing the richest 10% to the poorest 10% of the population in a country – USA richest 10% has 30.5% of all the income – USA poorest 10% earn 1.8% – Nambia richest 10% earns 129 more than poorest 10% – Honduras richest earns 92 times the poorest – USA has the greatest gap between the richest and the poorest – Valued goods are unequally distributed in all countries...
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This note was uploaded on 11/22/2011 for the course SCIE SYG2000 taught by Professor Bernhardt during the Fall '10 term at Broward College.

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