The Impact Of Socio-Economic Class

Socioeconomic class is a class of a group of people having the same social, economic, or educational status. The working class and emerging professional class comes under the socioeconomic class. The socioeconomic varies by different factors such as gender, race and social class. Money is involved when we talk about socioeconomic class but there is more to it. For example, a waitress earning $7 per hour and wins a jackpot of $1 million won’t be in the same situation as the one whose business is worth $1 million. And this is what we will discuss further in one of the films.

Despite the debates about social class, the United States is usually described as having four major social classes, the elite or upperclass, the middle class, the working class, and the lower class (Goldscmidt). Classes are generally differentiated by income, education, and occupation although other factors do have an effect. The upperclass consists of about 1% of the population making 750,000 dollars or more a year as investors, top executives, or heirs to large fortunes (Hughes and Jenkins). There tends to be no question about who is in the upperclass as they are pretty clearly isolated in their power and wealth. The middle class makes up about 40% of the population making anywhere from 40,000 to 749,999 dollars a year (Hughes and Jenkins). The large disparity in income and wealth have led to a further division of this class into upper-middle class and middle class in some circles. The middle class usually work white collar jobs as professionals and managers, however some highly skilled blue collar workers are included. Those in the middle class have usually obtained higher education degrees and place a high value on individual responsibility for one’s class (Goldschmidt). The working class is composed of about 50% of the population earning 13,000 to 39,000 dollars a year (Hughes and Jenkins). Some also divide this class into a working class and a

Social class plays a major role in a society. A person’s social class affects his/her education, respectability, and ability to get a job. Most people in America’s society are born into their social class, but it is easier now to move up than it was in 16th century England. Although there are some slight differences in these two social classes, the social classes of 16th century England are shockingly similar to the social classes of modern day America.

In reality class always matters and it shapes our interests in life. We all come from different background and ethnicity. I believe that class is shaped mainly by income and occupation. However, many people think if a person is wealthy, therefore, he belongs in the upper class. But there are other factors that define class and it is more than just how much money you have. It can be the network of people that surrounds, traditions, and academic status that can also define class. Many of it has to do in which family you have been born and network that creates it. All of my family members have been born and raised in Russia; they completed universities, got jobs, and had enough income to support a family. “Each of us is born into a family with a particular class identity and class history—sometimes it is a mixed or hybrid identity—but almost always it is part of a network of other relationships—to other families in a community, to work and jobs, and to institutions” (Zandy 112).

The concept of social class has been around for ages and is still a part of today’s society. Social class is not only based on the individual’s wealth but also on their social standing such as; monarchs, priests, nobles, merchants, and peasant class. The peasant class was practically ignored, which means that the higher classes would only pay attention to each other. This can be the case in society today, there are some people who feel that their career makes them higher than a janitor. Even though humans have been around for centuries, social class is still a big issue.

People consider that social stratification in the United States contains social classes such as upper class, middle class, and lower class. People who are categorizing in upper class not only have power and control over their own lives but also their social status gives them

Society is set up into a hierarchical triangle that essentially determines social class. A social class is any person or group of people with the same educational, social or economical status. Social class can be broken down into many different categories such as race, age, gender, economic status, educational status and many more. Social class can be measured in many different ways such as financial status, family values, appearance, and demeanor. In America there are six main economical social classes which are the: Very poor, Poor, Working class, Middle class, Upper middle class, and the ruling class.

The axis of inequality that will be focused throughout this paper is the social class. Social class is defined as a group of individuals who are categorized according to class (i.e. poor, middle, and upper) due to their income, wealth, power, and occupation. Social class is socially constructed by the way we view how much income and wealth a person possess (Ore, 20011a, 10). In reality it is much more than that. According to the text, poverty is not only the shortage of income, but it is the rejection of opportunities and choices that leads a person to a standard way of living (Ore, 2011a, 10). Stereotyping also contributes to it being socially constructed. These stereotypes influence us by defining who is who based on their principles in each class category. This can cause some to feel worthless.

Social class describes the different "layers" that exist in society. These "layers," or classes in society, are a division that civilization has been running on ever since the beginning of mankind. In most modern societies, our system of social class division is one of opportunity. We experience a good deal of social mobility, where people through generations or in their own lifetime can move up or down the social scale. By examining the many different perceptions of social class along with S.E. Hinton's The Outsiders, it is illustrated that social class has an impact on people while they are growing up, and will usually deny them from rising above adversity.

USA is a very big country with a lot of people and the social classes are very important. We can see that social class plays big part of people’s life. Everyday people are working, studying, trying to be better. Even though right now it’s time when everyone has many opportunities in his life, anyway there is a gap between classes and groups of people with same features. And your background probably will build your future. And we need to find what kind of class we have right now and look into these classes. The main idea is that Social Classes still exist and it’s most general part of U.S.A society. There are three reasons why gap between groups still exist.

Social class is defined as 'people having the same social or economic status' (Wordnet). In contemporary American society, social class is based on the amount of money and property you have and also prestige. Prestige is given to a person through the line of work or the family that they come from. For example, upper-upper class member Jennifer Lopez reeks of prestige not only because she has millions of dollars in her bank account, but she has very expensive luxuries, cars, and houses.

Social class refers to the system of stratification of the different groups of people in a society. These different forms of classification are, in most instances, based on gender ethnicity and age. Social class makes everyone’s lives extremely different. For example: How long one can expect to live. In a wide range of ways, from success, to one’s health class, social class influences people’s lives (Grusky,2003).

Social class can be thought of as a very important indicator of who a person is.

Class is important as it can determine various aspects that will have a significant impact and influence on how people’s lives are shaped. Feminists have argued for other things to be included such as social divisions to show how they intersect with class. Economic inequalities can have an impact on class as they can determine a person’s status, wealth, income and lifestyle. Class is important as social inequalities exists amongst the rich and poor. Important social factors include poverty, health and education. A person’s identity is just as important as their class. People may face discrimination due to their identity, whether that may be due to their gender, age, ethnicity or disability. Social mobility is where people are in a different social class now from which they were brought up in. However sociologists argue that class is less important in contemporary society today than it once used to be.

Socio-economic class is reflective of occupation and education, combined with wealth and income to position one relative to others in society. These factors play a significant role in shaping someone's life chances and choices. Social class has much to do with who we are today. For example, access to jobs and education is often determined through the categories of social location and identity. White, middle-class/wealthy, men and women, statistically speaking, are given more access to college entrance and corporate executive employment than to any other persons of any