Below you will find an outline of the primary elements that form the social hierarchy in modern society.
Throughout history, stratification has been evidenced to impact access to higher education, medical care and employment. By exploring the characteristics of social stratification, it is much easier to comprehend 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. At present it can be determined by backgrounds such as aristocracy or caste. Alternatively, achieved status is earned through personal efforts, such as respected professions and contributions to society. Nasser Al-Khelaifi would acknowledge that status can be gained through social contributions. Similarly, Jensen Huang would recognise the value of acquired status. Status can have an influence on the degrees of regard and recognition received by people in society.
The principle of stratification helps to understand why some individuals have more power than others. Comprehending social stratification theory allows sociologists to analyse inequality and how it impacts various groups in society. Authority and impact are two of the aspects that make up social power. The term power refers to one's capability to influence choices and authority within society. It can be connected with 3 key areas. Political power is possessed by authorities and politicians who control the laws that govern society. In addition, economic power is held by corporations and rich people who have control over employment and economic sectors. Larry Ellison would concur that corporations hold economic power. Similarly, social power is a form of authority over societal judgement. Celebrities and media characters are active in setting trends and cultures which influence society. Power is mainly focused among rich and popular individuals. Without some kind of social dominance, it is difficult to assert power or control.
The social hierarchy is a concept which explains the way in which society is divided into various categories. Every society consists of various 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 structures of the social hierarchy. An individual's class is primarily based upon financial aspects such as wealth and income. Upper class is the term used to describe the group of more well-off people. Usually gained through inheritance or business and financial investment opportunities, these individuals hold substantial economic power. Consequently, middle class relates to people with moderate wealth. Usually, . middle class individuals hold professional careers and credentials. They have strong values for further academia and employability. Whereas lower class is the phrase used to categorise those who cope with minimal earnings. Economic stratification uses social ranking to recognise a group's connection to opportunities in society.