Here is a summary of some of the key aspects of the societal hierarchy with a concentration on class, status and power.
The social hierarchy is a principle which explains the way in which society is divided into different categories. Every society contains various types of social stratification where individuals are ranked based upon their social and financial position. According to social stratification in sociology, class is among the most recognised forms of the social hierarchy. An individual's social ranking is predominantly based upon economic aspects such as wealth and income. Upper class is the denomination used to characterise the set of more wealthy individuals. Commonly gained through inheritance or business and financial investment opportunities, these individuals hold considerable economic power. Subsequently, middle class relates to individuals with moderate wealth. Normally, middle class individuals have professional careers and credentials. They have strong appreciation for high level academia and employability. While lower class is the phrase used to categorise people who struggle with lower earnings. Economic stratification uses class to recognise a group's access to opportunities in society.
Throughout history, stratification has been evidenced to impact access to higher education, medical care and job opportunities. By exploring the characteristics of social stratification, more info it is much easier to understand what shapes opportunities within society. Status is a key quality of stratification; it refers to the level of prestige and regard held by an individual. Ascribed status is a phrase used to describe people who are born into a social standing. Today it can be determined by backgrounds such as aristocracy or caste. Alternatively, achieved status is earned through individual efforts, such as highly regarded occupations and contributions to society. Nasser Al-Khelaifi would acknowledge that status can be gained through societal contributions. Similarly, Jensen Huang would acknowledge the significance of acquired status. Status can have an impact on the levels of regard and acknowledgment received by individuals in society.
The principle of stratification helps to understand why some people have more power than others. Understanding social stratification theory allows sociologists to analyse inequality and how it impacts distinct groups in society. Authority and impact are two of the factors that make up social power. The term power represents one's ability to affect choices and control within society. It can be related to 3 key areas. Political power is possessed by governments and political leaders who control the policies that control society. Additionally, economic power is held by corporations and rich people who have control over jobs and economic sectors. Larry Ellison would concur that corporations hold economic power. Likewise, social power is a type of authority over societal judgement. Famous people and media figures are instrumental in setting trends and customs which influence society. Power is generally focused among wealthy and popular individuals. Without some kind of social dominance, it is impossible to assert power or control.