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26 Cards in this Set
- Front
- Back
Absolute poverty
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A situation in which people lack the resources to satisfy the basic needs no person should be without. pg 182
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relative poverty
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A situation measured not by some objective standard but rather by comparing against that of others who are more advantaged in some way
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extreme wealth
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the most excessive form of wealth, in which a very small proportion of people in the world have money, material possessions, and other assets ( minus liabilities) in such abundance that a small fraction of it (if spent appropriately) could provide adequate food, safe water, sanitation, and basic health care for the 1 billion poorest people on the planet.
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social stratification
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the systematic process of ranking people on a scale of social worth such that the ranking affects life chances in unequal ways.
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life chances
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The probability that an individual's life will follow a certain path and will turn out a certain way.
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social inequality
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a situation in which these valued resources and desired outcomes (that is a college education, long life) are distributed in such a way that people have unequal amounts and or access to them. pg 183
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achieved statuses
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Attained through some combination of personal choice, effort, and ability.
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social prestige
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A level of respect or admiration for a status apart from any person who happens to occupy it.
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esteem
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the reputation that someone occupying an ascribed or achieved status has earned from people who know and observe the person.
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caste system
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any form of stratification in which people are categorized and ranked by characteristics over which they have no control and that they usually cannot change.
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class system
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A system of social stratification in which people are categorized and ranked by characteristics such as merit talent, ability, or past performance
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social mobility
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Movement from one social class to another
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modernization
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A process of economic social, and cultural transformation in which a country "evolves" from preindustrial or underdeveloped status to a modern society in the image of the most developed countries. pg 194
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colonialism
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A form of domination in which a foreign power uses superior military force to impose its political, economic, social, and cultural institutions on an indigenous population so it can control their resources, labor and markets. pg 196
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decoloization
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A process of undoing colonialism such that the colonized country achieves independence from the so called mother country.
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neocoloialism
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A new form of colonialism where more powerful foreign governments and foreign owned businesses continue to exploit the resources and labor of the post colonial peoples.
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Brain Drain
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The emigration from a country of the most educated and most talented people.
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class
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a person's overall economic and social status in a system of social stratification. pg 202
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finance aristocracy
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Bankers and stock holders seemingly detached from the world of "work".
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negatively privileged property class
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Weber's category for people completely lacking in skills, property, or employment or who depend on seasonal or sporadic employment, they constitute the very bottom of the class system.
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positively privileged property class
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Weber's category for the people at the very top of the class system.
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status group
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Weber's term for an amorphous group of people held together both by virtue of a lifestyle that has come to be expected of "all those who wish to belong to the circle"
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political parties
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According to Weber, "organizations oriented toward the planned acquisition of social power, and toward influencing social action no matter what its content may be."
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income
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the money a person earns, usually on an annual basis through salary or wages
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Wealth
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The combined value of a person's income and other material assets such as stocks, real estate, and savings minus debt. pg 204
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Urban underclass
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The group of families and individuals in inner cities who live "outside the mainstream of the American occupational system and consequently represent the very bottom of the economic hierarchy".
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