New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

Social Issues 206 week 3 Chapter 2 notes

by: Lam8o

Social Issues 206 week 3 Chapter 2 notes SOC 206

Marketplace > University at Buffalo > Social Science > SOC 206 > Social Issues 206 week 3 Chapter 2 notes
GPA 3.25
View Full Document for 0 Karma

View Full Document


Unlock These Notes for FREE

Enter your email below and we will instantly email you these Notes for Social Issues 206

(Limited time offer)

Unlock Notes

Already have a StudySoup account? Login here

Unlock FREE Class Notes

Enter your email below to receive Social Issues 206 notes

Everyone needs better class notes. Enter your email and we will send you notes for this class for free.

Unlock FREE notes

About this Document

This is the beginning of chapter 2, Chapter will be on the first exam.
Social Issues 206
Dr. Christopher Mele
Class Notes




Popular in Social Issues 206

Popular in Social Science

This 2 page Class Notes was uploaded by Lam8o on Tuesday September 13, 2016. The Class Notes belongs to SOC 206 at University at Buffalo taught by Dr. Christopher Mele in Fall 2016. Since its upload, it has received 5 views. For similar materials see Social Issues 206 in Social Science at University at Buffalo.


Reviews for Social Issues 206 week 3 Chapter 2 notes


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 09/13/16
Chapter 2 Poverty and Wealth Social stratification (Inequality) • Each society has some form of social stratification, but societies classify people on different criteria Social stratification is a characteristic of society; it continues over generations, and it is • maintained through beliefs that are widely shared by members of society. • By definition inequality is unequal; this contradicts American values • How are we content with some having more than others? Systems of Stratification • Social class refers to a system of stratification based on access to resources such as wealth, property, power, education, and prestige • Sociologists often call it Socioeconomic Status aka (SES) • What is the difference between income and wealth? Social Classes in the U.S • Wealthiest people in a class system • Make up approximately 1 % of the population • Possess most of the wealth of the country • The ratio of CEO pay to factory worker pay rose from 42:1 in 1960 to as high as 531:1 in 2000, at the height of the stock market bubble. • It was at 411:1 in 2005 and 344:1 in 2007, according to research by the United for a fair economy By way of comparison the same ration is around 25:1 in Europe • • The Upper middle class • Professionals and managers • Make up about 14% of the population in the U.S • Benefited the most from college • The middle class primarily consists of • “White collar” workers • Have a broad range of incomes • Make up about 30% of the population in the U.S • The working (lower middle) class • “Blue collar” or service industry workers • Less likely to have college degrees • Make up about 30% of the U.S. population • The lower class (working poor) • Many poor people who typically have lower levels of literacy than other classes • Make up about 20% of the U.S population • low mobility


Buy Material

Are you sure you want to buy this material for

0 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Anthony Lee UC Santa Barbara

"I bought an awesome study guide, which helped me get an A in my Math 34B class this quarter!"

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"


"Their 'Elite Notetakers' are making over $1,200/month in sales by creating high quality content that helps their classmates in a time of need."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.