Friday, May 22, 2020

Social Class And Its Impact On Society - 909 Words

Social class refers to â€Å"a large group of people who rank closely to one another in property, power, and prestige† (Henslin, 2014, p. 257). Property refers to things someone has – a home, land, businesses, cars, everyday goods, and money. Power refers to the people that are decision-makers that others follow. For example, the CEO of a company has more power than anyone in the company. If they chose to take a certain course of action it is going to be taken regardless of what anyone else may think. Prestige refers to how people regard another person’s position. In the example of a CEO, people regard these people highly. People within the company will seek the approval of and attempt to receive recognition from the CEO. Examples of social class include the capitalist class, lower middle, and working poor. Capitalists are those that are so wealthy that they own a third of the nation’s wealth (Henslin, 2014, p. 266). These individuals would have attended ivy league colleges and have extreme power and influence over others. They are investors, heirs, and select top executives (Henslin, 2014, p. 267). They are the people with access to almost anything they want due to their status in society. They can buy whatever they want; can afford to buy anything they want; and can yield a huge amount of influence on others. The lower middle class are those people who hold â€Å"technical and lower-level management positions† (Henslin, 2014, p. 268). They have finished highShow MoreRelatedSocial Class And Its Impact On Society Essay1880 Words   |  8 PagesSocial class has been always been in our society since its establishment. Back then, white, landowning men had the highest status amongst society with women and other races being lower in the societal ladder Times have changed since then, but social class is still a major factor to people’s success. Social class is defined as a label that categorizes individuals based on their economic status, wealth, and power. Social class does not matter, but should not be ignored It’s prominent in our societyRead MoreSocial Class And Its Impact On Society Essay2181 Words   |  9 PagesSocial class has been always being in our society since its establishment. Back then, white, landowning men had the highest status amongst society with women and other races being lower in the societal ladder Times have changed since then, but social class is still a major factor to people’s success. Social class is defined as a label that categorizes individuals based on their economic status, wealth, and power. 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