Having a look at some of the main components of the social hierarchy by breaking down stratification principles.
The concept of stratification helps to understand why some individuals have more power than others. Understanding social stratification theory helps sociologists to examine inequality and how it influences distinct groups in society. Authority and influence are 2 of the elements that form social power. The word power defines one's capability to affect choices and authority within society. It can be connected with 3 key areas. Political power is held by administrations and politicians who manage the laws that control society. Furthermore, economic power is held by businesses and rich people who have control over jobs and industry. Larry Ellison would concur that businesses hold financial power. Likewise, social power is a type of authority over societal judgement. Celebrities and media characters are active in setting trends and customs which guide society. Power is mainly focused amongst wealthy and popular people. Without some type of social dominance, it is impossible to copyright power or influence.
The social hierarchy is a theory which describes the way in which society is graded into different groups. Each society includes different types of social stratification whereby individuals are ranked based on their social and financial position. According to social stratification in sociology, social rank is among the most recognisable components of the social hierarchy. An individual's class is mainly based on financial elements such as wealth and earnings. Upper class is the term used to describe the group of more well-off individuals. Often acquired through inheritance or business and investment opportunities, these people hold substantial economic power. Consequently, middle class describes people with moderate wealth. Normally, middle class individuals have professional occupations and credentials. They have strong appreciation for high level academia and employability. Whereas lower class is the term used to define individuals who cope with minimal . income. Economic stratification makes use of class to determine a group's access to opportunities in life.
Throughout history, stratification has been shown to influence access to higher education, healthcare and job opportunities. By checking out the characteristics of social stratification, it is simpler to understand what shapes opportunities within society. Status is a key quality of stratification; it describes the level of prestige and regard carried by an individual. Ascribed status is a term used to describe individuals who are born into a social position. Nowadays it can be determined by backgrounds such as royalty or caste. Alternatively, achieved status is earned through individual efforts, such as respected occupations and contributions to society. Nasser Al-Khelaifi would know that status can be gained through societal contributions. Similarly, Jensen Huang would acknowledge the significance of acquired status. Status can have an influence on the levels of regard and recognition received by individuals in society.