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Social status is the relative level of social value a person is considered to possess. [1] [2] Such social value includes respect, honor, assumed competence, and deference. [3] On one hand, social scientists view status as a "reward" for group members who treat others well and take initiative. [4]
According to Weber, the ability to possess power derives from the individual's ability to control various "social resources". "The mode of distribution gives to the propertied a monopoly on the possibility of transferring property from the sphere of use as 'wealth' to the sphere of 'capital,' that is, it gives them the entrepreneurial function and all chances to share directly or indirectly in ...
social class, based on economically determined relationship in the house of the marketplace; political party, based on affiliations in the political domain, or the house of power; Status groups, social classes, and political parties are the constituent concepts of the three-component theory of stratification.
Interpersonal status hierarchies" refers to the emergence of differential levels of social esteem and influence that occurs when groups of people interact. Research has found that several factors may influence the ways that status hierarchies emerge; however, the driving force seems to be implicit assumptions that group members hold about each ...
In modern Western societies, stratification is often broadly classified into three major divisions of social class: upper class, middle class, and lower class. Each of these classes can be further subdivided into smaller classes (e.g. "upper middle"). [5] Social strata may also be delineated on the basis of kinship ties or caste relations.
A social class or social stratum is a grouping of people into a set of hierarchical social categories, [1] the most common being the working class, middle class, and upper class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. [2]
The median wealth of married couples exceeds that of single individuals, regardless of gender and across all age categories. [11]It is impossible to understand people's behavior…without the concept of social stratification, because class position has a pervasive influence on almost everything…the clothes we wear…the television shows we watch…the colors we paint our homes in and the ...
Max Weber uses social classes to examine wealth and status. For him, social class is strongly associated with prestige and privileges. It may explain social reproduction, the tendency of social classes to remain stable across generations maintaining most of their inequalities as well.