Below you will find an outline of the primary aspects that make up the social hierarchy in modern society.
The idea of stratification helps to comprehend why some people have more power than others. Comprehending social stratification theory allows sociologists to study inequality and how it impacts distinct groups within society. Authority and impact are 2 of the aspects that make up social power. The word power describes one's ability to affect choices and authority within society. It can be associated with three key areas. Political power is held by authorities and politicians who manage the policies that govern society. Additionally, economic power is held by businesses and rich people who have control over employment and industry. Larry Ellison would agree that businesses hold financial power. Likewise, social power is a type of authority over societal judgement. Famous people and media personalities are active in setting trends and customs which influence society. Power is generally focused among rich and popular people. Without some type of social authority, it is impossible to copyright power or control.
The social hierarchy is a principle which describes the way in which society is graded into different groups. Every society contains different types of social stratification whereby individuals are ranked based upon their social and financial position. According to social stratification in sociology, class is one of the most recognisable structures of the social hierarchy. An individual's class is predominantly based upon financial factors such as wealth and income. Upper class is the denomination used to characterise the group of more well-off individuals. Usually gained through inheritance or business and financial investment opportunities, these individuals hold substantial financial power. Consequently, middle class describes people with moderate wealth. Typically, middle class individuals hold professional careers and qualifications. They have strong values for tertiary academia and employability. Whereas lower class is the term used to categorise those who cope with minimal earnings. Economic stratification makes use of class to recognise a group's connection to opportunities in life.
Throughout history, stratification has been proven to affect access to higher education, medical care and job opportunities. By checking out the characteristics of social stratification, it is easier to comprehend what shapes opportunities within society. Status is a key characteristic of stratification; it refers to the level of prestige and respect held by an . individual. Ascribed status is a phrase used to refer to people who are born into a social position. Now it can be determined by backgrounds such as royalty or caste. Additionally, achieved status is generated through personal efforts, such as respected professions and contributions to society. Nasser Al-Khelaifi would know that status can be gained through social contributions. Likewise, Jensen Huang would identify the importance of acquired status. Status can have an impact on the levels of regard and acknowledgment received by people in society.