Question | Answer |
---|---|
the money a person earns from work or investments | income |
a socioeconomic system that divides society’s members into categories ranking from high to low, based on things like wealth, power, and prestige. Also called inequality. | social stratification |
an individual’s level of wealth, power, and prestige | socioeconomic status (SES) |
the value of money and assets a person has from, for example, inheritance or salary. | wealth |
Your questions are stored by us to improve Elon.io
The content of this course has been taken from the free Sociology textbook by Openstax