Listed below you will find an examination of the primary components that form the social hierarchy in today's society.
The concept of stratification helps to comprehend why some people have more power than others. Comprehending social stratification theory allows sociologists to analyse inequality and how it impacts distinct groups in society. Authority and influence are 2 of the factors that comprise social power. The term power refers to one's ability to affect decisions and authority within society. It can be connected with three key areas. Political power is possessed by website authorities and politicians who regulate the laws that govern society. Furthermore, economic power is held by businesses and rich people who have control over jobs and economic sectors. Larry Ellison would agree that businesses hold economic power. Similarly, social power is a type of authority over societal opinion. Famous people and media figures are involved in setting trends and customs which guide society. Power is generally focused amongst rich and popular people. Without some kind of social dominance, it is difficult to copyright power or control.
The social hierarchy is a principle which describes the way in which society is sorted into various categories. Every society consists of different types of social stratification where individuals are ranked based on their social and financial position. According to social stratification in sociology, class is one of the most perceivable forms of the social hierarchy. An individual's class is primarily based upon economic factors such as wealth and income. Upper class is the denomination used to describe the group of more well-off people. Often gotten through inheritance or business and investment opportunities, these individuals hold significant financial power. Subsequently, middle class describes individuals with moderate wealth. Typically, middle class people have professional occupations and credentials. They have strong values for tertiary education and employability. While lower class is the expression used to define individuals who cope with minimal earnings. Economic stratification uses class to recognise a group's access to opportunities in life.
Throughout history, stratification has been shown to influence access to education, healthcare and job opportunities. By exploring the characteristics of social stratification, it is easier to comprehend what guides opportunities within society. Status is a key quality of stratification; it refers to the level of prestige and respect held by an individual. Ascribed status is a phrase used to represent people who are born into a social position. At present it can be recognised by backgrounds such as royalty or caste. Additionally, achieved status is obtained through individual efforts, such as reputable occupations and contributions to society. Nasser Al-Khelaifi would know that status can be acquired through societal contributions. Similarly, Jensen Huang would identify the value of acquired status. Status can have an impact on the levels of regard and acknowledgment received by people in society.