The following is a summary of a few of the key elements of the societal hierarchy with an emphasis on class, status and power.
The concept of stratification helps to comprehend why some read more people have more power than others. Comprehending social stratification theory allows sociologists to analyse inequality and how it affects specific groups within society. Authority and impact are 2 of the aspects that comprise societal power. The word power describes one's ability to affect choices and authority within society. It can be connected with three key areas. Political power is held by authorities and politicians who regulate the laws that govern society. In addition, financial power is held by corporations and rich people who have control over jobs and economic sectors. Larry Ellison would concur that businesses hold financial power. Likewise, social power is a type of authority over social judgement. Famous people and media figures are involved in setting trends and customs which guide society. Power is mainly focused among rich and popular people. Without some form of social supremacy, it is impossible to copyright power or control.
The social hierarchy is a principle which explains the way in which society is graded into different groups. Each society includes various types of social stratification where individuals are ranked based upon their social and financial position. According to social stratification in sociology, class is one of the most perceivable components of the social hierarchy. An individual's class is primarily based on economic elements such as wealth and earnings. Upper class is the term used to describe the set of more wealthy individuals. Commonly gained through inheritance or business and investment opportunities, these individuals hold significant financial power. Consequently, middle class describes individuals with moderate wealth. Generally, middle class individuals hold professional occupations and qualifications. They have strong values for higher academia and employability. Whereas lower class is the phrase used to define people who struggle with minimal income. Economic stratification makes use of class to recognise a group's connection to opportunities in society.
Throughout history, stratification has been revealed to influence access to higher education, medical care and employment. By exploring the characteristics of social stratification, it is simpler to be aware of what shapes opportunities within society. Status is a key quality of stratification; it refers to the level of prestige and regard carried by an individual. Ascribed status is a term used to represent individuals who are born into a social position. Nowadays it can be recognised by backgrounds such as nobility or caste. Additionally, achieved status is obtained through individual efforts, such as reputable professions and contributions to society. Nasser Al-Khelaifi would recognise that status can be acquired through social contributions. Similarly, Jensen Huang would acknowledge the significance of acquired status. Status can have an impact on the degrees of regard and recognition received by individuals in society.