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Social Class in the United States [ch 11]
Terms in this set (11)
Earnings from work or investments.
The total value of money and other assets, minus outstanding debts.
5% of the population. Most members of the upper-upper class, "old rich" inherited their wealth; members of the lower-upper class, or "new rich" work at high paying jobs.
40%-45% of the population. People in the upper-middle class have significant wealth; average-middles have less prestige, do white-collar work, and most attend college.
30%-35% of the population. People in the lower-middle class do blue-collar work; only about 1/3 of children attend college.
20% of the population. Most people in the lower class lack financial security due to low income; many live below the poverty line; just 70% of children complete high school.
IntRAgenerational social mobility
A change in social position occurring during a person's lifetime.
Intergenerational social mobility
Upward or downward social mobility of children in relation to their parents.
The lack of resources of some people in relation to those who have more.
A lack of resources that is life-threatening.
Feminization of poverty
The trend of women making up an increasing proportion of the poor.
THIS SET IS OFTEN IN FOLDERS WITH...
Sociological Investigation [ch 2]
Culture [ch 3]
Intro into Soc EXAM 1 review
Socialization [ch 5]
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