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26 Cards in this Set

  • Front
  • Back
Absolute poverty
A situation in which people lack the resources to satisfy the basic needs no person should be without. pg 182
relative poverty
A situation measured not by some objective standard but rather by comparing against that of others who are more advantaged in some way
extreme wealth
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.
social stratification
the systematic process of ranking people on a scale of social worth such that the ranking affects life chances in unequal ways.
life chances
The probability that an individual's life will follow a certain path and will turn out a certain way.
social inequality
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
achieved statuses
Attained through some combination of personal choice, effort, and ability.
social prestige
A level of respect or admiration for a status apart from any person who happens to occupy it.
esteem
the reputation that someone occupying an ascribed or achieved status has earned from people who know and observe the person.
caste system
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.
class system
A system of social stratification in which people are categorized and ranked by characteristics such as merit talent, ability, or past performance
social mobility
Movement from one social class to another
modernization
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
colonialism
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
decoloization
A process of undoing colonialism such that the colonized country achieves independence from the so called mother country.
neocoloialism
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.
Brain Drain
The emigration from a country of the most educated and most talented people.
class
a person's overall economic and social status in a system of social stratification. pg 202
finance aristocracy
Bankers and stock holders seemingly detached from the world of "work".
negatively privileged property class
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.
positively privileged property class
Weber's category for the people at the very top of the class system.
status group
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"
political parties
According to Weber, "organizations oriented toward the planned acquisition of social power, and toward influencing social action no matter what its content may be."
income
the money a person earns, usually on an annual basis through salary or wages
Wealth
The combined value of a person's income and other material assets such as stocks, real estate, and savings minus debt. pg 204
Urban underclass
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".