EliteAristocracyOligarchyand Ruling class A symbolic image of three orders of feudal society in Europe prior to the French Revolutionwhich shows the rural third estate carrying the clergy and the nobility The upper class  is the social class composed of those who are richwell-born, powerful, or a combination of those. They usually wield the greatest political power. In some countries, wealth alone is sufficient to allow entry into the upper class. In others, only people who are born or marry into certain aristocratic bloodlines are considered members of the upper class and those who gain great wealth through commercial activity are looked down upon by the aristocracy as nouveau riche.
Members of the upper class may also have a recognizable family name, such as Rockefeller, DuPont, or Kennedy. Some members of the upper class work, but their salaries are not their primary sources of income. Most members of this strata have attended college, most likely at some of the most prestigious educational institutions in the country.
The Kennedy family is a prime example of an upper-class family.
Kennedy made his fortune during the s and passed it down to succeeding generations. New Money The category called new money is a relatively new rung on the social ladder and makes up about 15 percent of the population. New money includes people whose wealth has been around only for a generation or two.
Unlike the members of the upper class, they do not have a family associated with old money. Oprah Winfrey, Michael Jordan, Bill Gates, and other celebrities, athletes, and business people fit into this category.
The nouveaux riches merit their own category because they make so much money that they lead very different lives from those in subsequent SES groupings.
The newly rich simply do not have the day-to-day financial concerns that often plague the rest of society.This study outlines a theory of social class based on workplace ownership and authority relations, and it investigates the link between social class and growth in personal income inequality since the s.
Inequality trends are governed by changes in between-class income differences, changes in the. Social inequality refers to relational processes in society that have the effect of limiting or harming a group's social status, social class, and social circle.
Inequalities at the Starting Gate: Cognitive and Noncognitive Skills Gaps between – Kindergarten Classmates explores gaps by social class and race/ethnicity in both cognitive skills—math, reading, and executive function—and noncognitive skills such as self-control, approaches to learning, and interactions with teachers and peers.
A Sociological Perspective on Class and Inequality "United we stand; divided we fall" is the motto of our country. However, when we study the true workings of the United States at close range, it becomes clear that we are not quite as united as we claim to be.
Social inequality results from a society organized by hierarchies of class, race, and gender that broker access to resources and rights in ways that make their distribution unequal.
It can manifest in a variety of ways, like income and wealth inequality, unequal access to education and cultural resources, and differential treatment by the police and judicial system, among others.
A Sociological Perspective on Class and Inequality A Sociological Perspective on Class and Inequality "United we stand; divided we fall" is the motto of our country. However, when we study the true workings of the United States at .