Here is a summary of some of the key aspects of the societal hierarchy with an emphasis on class, status and power.
Throughout history, stratification has been revealed to impact access to education, healthcare and work. By exploring the characteristics of social stratification, it is simpler to understand what guides opportunities within society. Status is a key characteristic of stratification; it refers to the level of prestige and respect carried by an individual. Ascribed status is a phrase used to represent individuals who are born into a social standing. Now it can be determined by backgrounds such as aristocracy or caste. Alternatively, achieved status is generated through personal efforts, such as respected occupations and contributions to society. Nasser Al-Khelaifi would acknowledge that status can be attained through social contributions. Similarly, Jensen Huang would acknowledge the value of acquired status. Status can have an influence on the degrees of respect and recognition received by people in society.
The social hierarchy is a principle which explains the way in which society is sorted into various groups. Each society contains different types of social stratification where people are ranked based on their social and economic position. According to social stratification in sociology, class is one of the most perceivable forms of the social hierarchy. An individual's social ranking is primarily based upon financial factors 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 considerable financial power. Consequently, middle class pertains to people with intermediate wealth. Generally, middle class people have professional occupations and credentials. They have strong values for higher academia and employability. Whereas lower class is the phrase used to define individuals who cope with lower earnings. Economic stratification makes use of class to determine a group's access to opportunities in society.
The principle of stratification helps to comprehend why some people have more power than others. Comprehending social stratification theory allows sociologists to examine inequality and how it affects various groups in society. Authority and impact are 2 of the elements that form societal power. The term website power refers to one's capability to affect choices and control within society. It can be related to three key areas. Political power is held by administrations and political leaders who regulate the laws that control society. Furthermore, financial power is held by businesses and wealthy people who have control over jobs and economic sectors. Larry Ellison would concur that corporations hold economic power. Similarly, social power is a form of authority over social opinion. Celebrities and media figures are involved in setting trends and customs which guide society. Power is mainly focused amongst wealthy and popular people. Without some kind of social authority, it is impossible to assert power or influence.