Online Soc Ch 9
With the recent Occupy Wall Street Movement, the people of the United States keep hearing about the top 1%. How much of the United State's wealth rests in the hands of the wealthiest top 1% of people?
1/3
Charlotte was born to a lower class family in rural Pennsylvania. After taking a job in the mail room of a large corporate office, Charlotte is slowly promoted through the ranks and becomes CEO of the company by the age of 50. What type of stratification is shown in this story?
Intragenerational mobility
What is the most significant threat to the relatively high standard of living people are accustomed to in the United States?
The decline of the middle class
Hope is desperate for the new designer purse that she saw while window shopping at her local mall. She knew every girl in school would covet her bag and wish to be like her. When she walked in, she whipped out her credit card, and purchased the $5,000 bag. This kind of purchasing is called...
conspicuous consumption
It was time for Oli to marry. He had finished school and was starting a job. His parents chose a bride for him whose parents had the same amount of wealth and belonged to the same class as they did. Oli and his bride will have a(n) ... marriage.
endogamus
GNI PPP, or gross national income divided by purchasing power parity, helps measure...
standard of living in a country
Elisa graduated from college with a double major and was inducted into the Phi Beta Kappa society. She was then offered a job in New York where she worked 12 hours a day and produced excellent results. Within two years she had over 100 employees working under her. Elisa's hard work was rewarded with a raise and a bonus. This form of promotion is based on the principles of...
A meritocracy
What seems to be the key (although not the rule) to upward society mobility?
How much education you have
The Davis-Moore Thesis states...
That the more society values a particular profession, the more the people in that profession will make
Which historical event was greatly responsible for global stratification as we see it today?
The Industrial Revolution