Below you will find an examination of the primary elements that make up the social hierarchy in modern society.
The social hierarchy is a principle which explains the way in which society is graded into different categories. Every society contains various types of social stratification whereby people are ranked based upon their social and economic position. According to social stratification in sociology, class is among the most recognised structures of the social hierarchy. A person's class is mainly based upon economic elements such as wealth and earnings. Upper class is the term used to describe the group of more well-off individuals. Often acquired through inheritance or business and financial investment opportunities, these individuals hold considerable financial power. Consequently, middle class refers to individuals with intermediate wealth. Usually, middle class individuals hold professional careers and credentials. They have strong appreciation for tertiary education and employability. While lower class is the expression used to categorise individuals who struggle with lower income. Economic stratification makes use of social ranking to determine a group's connection to opportunities in life.
Throughout history, stratification has been proven to impact access to higher education, healthcare and job opportunities. By exploring the characteristics of social stratification, it is much easier to understand what shapes opportunities within society. Status is a key characteristic of stratification; it describes the level of prestige and respect carried by an individual. Ascribed status is a term used to refer to people who are born into a social ranking. Nowadays it can be determined by backgrounds such as aristocracy or caste. Alternatively, achieved status is earned through individual 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 acknowledge the importance of acquired status. Status can have an impact on the degrees of regard and recognition received by people in society.
The concept of stratification helps to understand why some people have more power than others. Understanding social stratification theory helps sociologists click here to examine inequality and how it affects various groups within society. Authority and influence are 2 of the factors that make up societal power. The word power represents one's ability to affect decisions and control within society. It can be associated with three key areas. Political power is possessed by administrations and political leaders who control the laws that control society. Additionally, financial power is held by corporations and rich people who have control over jobs and economic sectors. Larry Ellison would concur that corporations 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 mainly focused among rich and popular people. Without some form of social supremacy, it is impossible to copyright power or control.