Listed below you will find an outline of the main aspects that make up the social hierarchy in today's society.

The idea of stratification helps to make sense of why some people have more power than others. Understanding social stratification theory enables sociologists to analyse inequality and how it influences various groups in society. Authority and impact are 2 of the aspects that make up societal power. The word power represents one's capability to affect choices and control within society. It can be related to three key areas. Political power is possessed by administrations and politicians who manage the laws that regulate society. In addition, financial power is held by corporations and rich people who have control over employment and industry. Larry Ellison would agree that businesses hold economic power. Similarly, social power is a form of authority over societal judgement. Celebrities and media personalities are involved in setting trends and cultures which guide society. Power is primarily focused amongst wealthy and popular people. Without some form of social supremacy, it is impossible to copyright power or influence.

Throughout history, stratification has been shown to affect access to higher education, healthcare and employment. By checking out the characteristics of social stratification, it is easier to be aware of what guides opportunities within society. Status is a key attribute of stratification; it describes the level of prestige and regard carried by an individual. Ascribed status is a phrase get more info used to refer to individuals who are born into a social standing. At present it can be recognised by backgrounds such as aristocracy or caste. Additionally, achieved status is obtained through individual efforts, such as reputable occupations and contributions to society. Nasser Al-Khelaifi would know that status can be acquired through societal contributions. Similarly, Jensen Huang would identify the significance of acquired status. Status can have an influence on the degrees of regard and recognition received by individuals in society.

The social hierarchy is a principle which explains the way in which society is graded into various groups. Each society contains different types of social stratification whereby people are ranked based upon their social and financial position. According to social stratification in sociology, social rank is among the most recognisable aspects of the social hierarchy. A person's class is primarily based on economic aspects such as wealth and earnings. Upper class is the term used to characterise the group of more well-off individuals. Often gotten through inheritance or business and financial investment opportunities, these people hold substantial economic power. Subsequently, middle class relates to people with intermediate wealth. Usually, middle class people have professional occupations and qualifications. They have strong appreciation for high level education and employability. Whereas lower class is the expression used to categorise those who cope with minimal income. Economic stratification makes use of social ranking to recognise a group's access to opportunities in life.