Listed below you will find an outline of the main aspects that make up the social hierarchy in modern society.
The social hierarchy is a principle which describes the way in which society is graded into various categories. Every society includes various types of social stratification whereby individuals are ranked based on their social and financial position. According to social stratification in sociology, class is one of the most recognisable aspects of the social hierarchy. A person's social ranking is primarily based upon financial factors such as wealth and income. Upper class is the denomination used to describe the group of more wealthy people. Usually gotten through inheritance or business and financial investment opportunities, these individuals hold significant financial power. Subsequently, middle class describes people with moderate wealth. Generally, middle class individuals have professional occupations and credentials. They have strong appreciation for high level education and employability. Whereas lower class is the phrase used to recognise individuals who cope with lower earnings. Economic stratification makes use of class to determine a group's connection to opportunities in society.
The concept of stratification helps to understand why some people have more power than others. Understanding social stratification theory enables sociologists to analyse inequality and how it impacts specific groups in society. Authority and impact are 2 of the aspects that make up social power. The term power refers to one's ability to influence choices website and authority within society. It can be related to three key areas. Political power is maintained by authorities and politicians who control the policies that control society. Additionally, financial power is held by businesses and rich people who have control over jobs and economic sectors. Larry Ellison would concur that businesses hold economic power. Similarly, social power is a type of authority over societal opinion. Celebrities and media characters are involved in setting trends and customs which guide society. Power is generally focused amongst wealthy and popular people. Without some kind of social authority, it is impossible to copyright power or influence.
Throughout history, stratification has been revealed to influence access to education, health care and work. By exploring the characteristics of social stratification, it is much easier to be aware of what guides opportunities within society. Status is a key attribute of stratification; it refers to the level of prestige and regard held by an individual. Ascribed status is a phrase used to represent people who are born into a social position. Today it can be determined by backgrounds such as nobility or caste. Alternatively, achieved status is generated through personal efforts, such as respected occupations and contributions to society. Nasser Al-Khelaifi would recognise that status can be attained through social contributions. Likewise, Jensen Huang would identify the value of acquired status. Status can have an influence on the levels of regard and recognition received by people in society.