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SOC1
Final Review Cards
Question | Answer |
---|---|
class structure as a continuum | popular way to measure class socioeconomic status: indiciators- occupation, education, income continuum: there is no sharp distinction between different classes class=objective and subjective judgements |
Dennis Gilbert | wrote a book on American class structure (2003) book differentiated classes on the basis of occupation, income, and education |
Class structure as antagonistic categories | marxist definition of class- the level of control of means of production; class differences are qualitative in nature (boundaries between classes are discrete and clear). classes are defined by the exploitation that occurs between them. |
top 1% share of income (1913-2007) | 23.9% in 1928, 8.9% in 1997, 23.5% in 2007 |
distribution of wealth in US, 2007 | in 2007, top 1% held 34% of wealth and bottom 50% of population has 2.5% of all wealth |
Gini coefficient | measure of the inequality of wealth distribution/ Value of 0 indicates complete equality and 1 complete inequality. in 1980, gini ration was .403, in 2007 risen to .463 |
US Gini coefficient compared to other countries | #42 |