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10 Cards in this Set

  • Front
  • Back
what is SOCIAL CLASS?
The DIVISION of members of a society into a HIERARCHY of DISTINCT STATUS CLASSES, so that members of each class have either higher or lower status than members of other classes.
What are the factors of Social Class?
- wealth: amount of eco asset
- power: degree of personal choice & influence over others
- prestige: degree of recognition received form others
What is the SOCIAL COMPARAISON THEORY?
states that individuals COMPARE their own possessions AGAINST those of others to DETERMINE their relative social standing.
What is status consumption?
PROCESS by which consumers actively increase their social standing through CONSPICUOUS consumption or possession
What consists of a subjective measure of social class?
individuals are asked to ESTIMATE THEIR OWN social-class positions
What consists of Reputational measure?
informants make judgments concerning the social-class membership OF OTHERS within the community
What consists of OBJECTIVE MEASURES?
individuals answer specific socioeconomic questions and then are categorized according to answers
What is the composite-variable index?
the systematic combining of a number of socio-economic factors to form one overall measure of social-class standing. These reflect the complexity of social class better than single-variable indexes do
What is the INDEX of STATUS CHARACTERISTC?
A composite measure of social class that combines occupation, source of income (not amount), house type / dwelling area into a single weighted index of social class standing.
What is the SOCIOECONOMIC STAUS SCORE?
A multivariable social class measure used by the United States Bureau of the Census that combines occupational status, family income, and educational attainment into a single measure of social class standing.