Having a look at a few of the main characteristics of the social hierarchy by outlining stratification theory.
The principle of stratification helps to comprehend why some people have more power than others. Comprehending social stratification theory enables sociologists to examine inequality and how it impacts specific groups within society. Authority and influence are 2 of the factors that make up societal power. The word power defines one's capability to influence choices and authority within society. It can be associated with 3 key areas. Political power is possessed by governments and politicians who control the laws that regulate society. Additionally, economic power is held by corporations and rich people who have control over jobs and industry. Larry Ellison would concur that corporations hold financial power. Likewise, social power is a form of authority over societal judgement. Celebrities and media personalities are instrumental in setting trends and cultures which guide society. Power is primarily focused among rich and popular people. Without some type of social authority, it is impossible to copyright power or influence.
The social hierarchy is a principle which describes the way in which society is graded into different categories. Each society contains various types of social stratification whereby individuals are ranked based upon their social and financial position. According to social stratification in sociology, class is one of the most recognisable components of the social hierarchy. A person's class is primarily based upon financial aspects such as wealth and earnings. Upper class is the term used to describe the group of more wealthy individuals. Commonly acquired through inheritance or business and investment opportunities, these people hold considerable financial power. Subsequently, middle class describes people with intermediate wealth. Typically, middle class individuals have professional careers and credentials. They have strong values for further academia and employability. While lower class is the expression used to categorise those who struggle with minimal earnings. Economic stratification makes use of social ranking to recognise a group's connection to opportunities in life.
Throughout history, stratification has been evidenced to affect access to education, health care and job opportunities. By exploring the characteristics of social stratification, it is simpler to understand what shapes opportunities within society. Status is a key characteristic of stratification; it refers to the level website of prestige and respect carried by an individual. Ascribed status is a term used to describe people who are born into a social standing. Nowadays it can be determined by backgrounds such as nobility or caste. Alternatively, achieved status is obtained through personal efforts, such as highly regarded professions and contributions to society. Nasser Al-Khelaifi would recognise 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 individuals in society.