Sociology

wealth, power, income, race, education

A person's position in a country's social stratification is determined by:

The standard of living in a country

GNI PPP, or gross national income divided by purchasing power parity, helps measure:

conspicuous consumption

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

downward mobility

In 2008 the United States, as well as the rest of the world, felt the effects of the recession. After the collapse of the housing market, people lost their jobs and they quit spending money. Many people could not afford their mortgages anymore and their homes went into foreclosure. For many people, it was a time of

Social inequality is relative and therefore, difficult to compare across cultures

One main issue in studying global social inequality is:

That the more society values a particular profession, the more the people in that profession will make

The Davis-Moore Thesis states:

income class employment all of these

Which factor is considered when evaluating someone's standard of living?

1/3

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?

exogamous

Cate is the daughter of a Senator and the former CEO of a Fortune 500 company. Harry grew up on a farm, tilling the land for a living. They are planning a June wedding. They will have a(n)___________ marriage