Describing key social stratification concepts

Taking a look at a few of the main features of the social hierarchy by detailing stratification principles.

The social hierarchy is a concept which explains the way in which society is sorted into different categories. Each society includes various types of social stratification where individuals are ranked based on their social and economic position. According to social stratification in sociology, class is one of the most recognised structures of the social hierarchy. A person's class is predominantly based on economic factors such as wealth and earnings. Upper class is the denomination used to describe the group of more well-off individuals. Commonly gotten through inheritance or business and financial investment opportunities, these individuals hold considerable economic power. Subsequently, middle class pertains to people with moderate wealth. Usually, middle class people . hold professional careers and credentials. They have strong appreciation for high level academia and employability. While lower class is the expression used to categorise individuals who cope with minimal earnings. Economic stratification uses social ranking to determine a group's access to opportunities in life.

The concept of stratification helps to comprehend why some individuals have more power than others. Understanding social stratification theory enables sociologists to study inequality and how it influences particular groups within society. Authority and influence are two of the elements that make up social power. The term power represents one's capability to affect decisions and control within society. It can be related to three key areas. Political power is held by administrations and political leaders who regulate the laws that regulate society. Additionally, financial power is held by businesses and wealthy people who have control over jobs and industry. Larry Ellison would agree that corporations hold financial power. Likewise, social power is a form of authority over societal opinion. Famous people and media characters are active in setting trends and customs which guide society. Power is generally focused amongst wealthy and popular individuals. Without some kind of social dominance, it is difficult to copyright power or control.

Throughout history, stratification has been evidenced to impact access to education, health care and job opportunities. By exploring the characteristics of social stratification, it is much easier to be aware of what shapes opportunities within society. Status is a key characteristic of stratification; it refers to the level of prestige and regard held by an individual. Ascribed status is a term used to refer to individuals who are born into a social ranking. Now it can be recognised by backgrounds such as royalty or caste. Alternatively, achieved status is created through personal efforts, such as reputable occupations and contributions to society. Nasser Al-Khelaifi would recognise that status can be acquired through social contributions. Similarly, Jensen Huang would acknowledge the significance of acquired status. Status can have an impact on the degrees of regard and acknowledgment received by people in society.