Term used to identify the total economic resources held by a person or group
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© copyright 1996 Caroline Hodges PersellWhat term is used for the division of people into layers according to their relative property power and prestige?Social stratification refers to the unequal distribution around the world of the three Ps: property, power, and prestige. This stratification forms the basis of the divisions of society and categorizations of people.
What is defined as the money and material possessions held by an individual or group?Wealth. Money and material possessions held by an individual or group. ( page 171) Means of Production. The means whereby the production of material goods is carried on in a society, including not just technology but also the social relations between producers. (
Which of the following terms describes a condition in which members of a society have different amounts of wealth prestige or power?Social stratification is a formal or informal system in society which ranks some over others on the basis of class, race, gender, religion, and other characteristics. In stratified societies, people are grouped in a hierarchy, where some individuals or groups have more power, status, and/or prestige than others.
What refers to the unequal access to social resources and opportunities for individuals in different social classes and members of different social groups?Inequality refers to the phenomenon of unequal and/or unjust distribution of resources and opportunities among members of a given society.
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