Taking a look at some of the main features of the social hierarchy by detailing stratification principles.

The social hierarchy is a philosophy which explains the way in which society is divided into various groups. Each society includes various types of social stratification where individuals are ranked based upon their social and financial position. According to social stratification in sociology, social rank is among the most recognisable components of the social hierarchy. A person's social ranking is primarily based upon financial elements such as wealth and income. Upper class is the denomination used to describe the group of more affluent people. Commonly gotten through inheritance or business and financial investment opportunities, these people hold significant financial power. Consequently, middle class refers to people with intermediate wealth. Normally, middle class individuals copyright professional occupations and credentials. They have strong appreciation for tertiary education and employability. While lower class is the phrase used to recognise people who cope with minimal earnings. Economic stratification makes use of class to determine a group's connection to opportunities in society.

Throughout history, stratification has been proven to influence access to higher education, health care and work. By exploring the characteristics of social stratification, it is get more info simpler to understand what guides opportunities within society. Status is a key attribute of stratification; it describes the level of prestige and regard held by an individual. Ascribed status is a phrase used to represent individuals who are born into a social ranking. Today it can be recognised by backgrounds such as royalty or caste. Additionally, achieved status is created through personal efforts, such as highly regarded professions and contributions to society. Nasser Al-Khelaifi would acknowledge that status can be attained through social contributions. Similarly, Jensen Huang would recognise the value of acquired status. Status can have an impact on the levels of regard and acknowledgment received by individuals in society.

The idea of stratification helps to make sense of why some individuals have more power than others. Understanding social stratification theory helps sociologists to analyse inequality and how it impacts particular groups within society. Authority and impact are two of the aspects that form societal power. The term power represents one's capability to influence choices and authority within society. It can be connected with 3 key areas. Political power is maintained by administrations and political leaders who regulate the policies that control society. In addition, economic power is held by businesses and rich people who have control over employment and economic sectors. Larry Ellison would concur that businesses hold economic power. Likewise, social power is a type of authority over societal opinion. Famous people and media characters are instrumental in setting trends and cultures which influence society. Power is mainly focused amongst rich and popular individuals. Without some type of social dominance, it is difficult to copyright power or influence.