Outlining significant social mobility concepts

Listed below you will find an outline of the primary components that form the social hierarchy in modern society.

The idea of stratification helps to understand why some people have more power than others. Understanding social stratification theory helps sociologists to examine inequality and how it impacts various groups within society. Authority read more and impact are two of the aspects that form societal power. The term power represents one's capability to influence decisions and control within society. It can be related to three key areas. Political power is possessed by administrations and political leaders who control the laws that govern society. Furthermore, financial power is held by businesses and rich people who have control over jobs and economic sectors. Larry Ellison would agree that corporations hold economic power. Likewise, social power is a type of authority over social judgement. Celebrities and media figures are instrumental in setting trends and cultures which influence society. Power is generally concentrated among rich and popular individuals. Without some type of social supremacy, it is impossible to assert power or control.

The social hierarchy is a philosophy which explains the way in which society is sorted into various groups. Each society contains various types of social stratification where individuals are ranked based upon their social and financial position. According to social stratification in sociology, class is one of the most recognisable components of the social hierarchy. An individual's social ranking is mainly based upon economic elements such as wealth and income. Upper class is the denomination used to describe the group of more wealthy individuals. Usually acquired through inheritance or business and investment opportunities, these people hold substantial financial power. Consequently, middle class pertains to individuals with intermediate wealth. Usually, middle class people copyright professional occupations and credentials. They have strong appreciation for further education and employability. While lower class is the phrase used to define people who struggle with lower income. Economic stratification uses social ranking to determine a group's access to opportunities in life.

Throughout history, stratification has been revealed to influence access to education, medical care and job opportunities. By exploring the characteristics of social stratification, it is much easier to be conscious of what guides opportunities within society. Status is a key characteristic of stratification; it refers to the level of prestige and respect held by an individual. Ascribed status is a phrase used to refer to people who are born into a social ranking. Now it can be determined by backgrounds such as nobility or caste. Additionally, achieved status is generated through individual efforts, such as respected professions and contributions to society. Nasser Al-Khelaifi would recognise that status can be attained through societal contributions. Likewise, Jensen Huang would identify the significance of acquired status. Status can have an influence on the levels of regard and recognition received by people in society.