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20 Cards in this Set

  • Front
  • Back

Social Stratification

Refers to the way in which society is organized in layers or data

Income quintile share

measures the share of total income earned by each income ranked fifth of the population

Gini Coefficient

reports the proportion of total income that would have to be redistributed for perfect equality to exist.

Human Capital

is the sum of useful skills and knowledge that an individual possesses

Social Capital

refers to the networks or connections that individuals possess

Cultural Capital

is the stock of knowledge, tastes, and habits that legitimize the maintenance of status and power

Low-Income cutoff

is statistic Canada's term for the income threshold below which a family devotes at least 20% more of its income to the necessities of food, shelter, and clothing than does an average family

Feudalism

was a legal arrangement in preindustrial Europe that bound peasants to the land and obligated them to give their landlords a set part of the harvest. In exchange, landlords were required to protect peasants from marauders and open their storehouses to feed the peasants if crops failed.

Class Consciousness

refers to being aware of membership in a class

Class

in Marx sense of the term is determined by a person relationship to the means of production. In webers usage class is determined by a person market situation.

Bourgeoisie

are owners of the means of production, including factories, tools, and land. They do not do any physical labor. Thier income derives from profits.

Proletariat

in Marx's usage is the working class. Members of the proletariat do physical labor but do not own means of production. They are thus in position to earn wages.

Petite Bourgeoise

in Marx usage, is the class of small scale capitalists who own means of production but employ only a few workers or none at all , forcing them to do physical work themselves.

Functional Theory of stratification

argues that some jobs are more important than others are and people must make sacrifices to train for important jobs, and inequality is required to motivate people to undergo three sacrifices.

Parties

in webers usage are organizations that seek to impose their will on others.

Power

is the ability to impose one's will on others despite resistance.

Authority

is legitimate, institutionalized power

Intragenerational mobility

is social mobility that occurs within a single generation.

Intergenerational mobility

is social mobility that occurs between generations

Socioeconomic status

combines data on income, education and occupational perstige in a single index of a person's positition in the socioeconomic herachy