Social Stratification and Inequality Global Stratification Not only is each society stratified, but in a global perspective, societies are stratified in relation to one another. Sociologists employ three broad categories to denote global stratification: most industrialized nations, industrializing nations, and least industrialized nations. In each category, countries differ on a variety of factors, but they also have differing amounts of the three basic components of the American stratification system: wealth (as defined by land and money), power, and prestige. The countries that could be considered the most industrialized include the United States, Canada, Japan, Great Britain, France, and the other industrialized countries of Western Europe, all of which are capitalistic. Industrializing nations include most of the countries of the former Soviet Union. The least industrialized nations account for about half of the land on Earth and include almost 70 percent of the world’s people. These countries are primarily agricultural and
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