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Understanding Social Class
Understanding Social Class
Understanding Social Class
Class
Social class is a hierarchical division of society based on factors like wealth,
income, education, and occupation. It shapes an individual's opportunities,
lifestyle, and social connections.
by KAREN LAUAN
Socioeconomic Status
Upper Class Middle Class Lower Class
Highest income, wealth, and Comfortable income, Lowest income, wealth, and
education. May own education, and career. Able to education. May struggle to
prestigious homes, businesses, afford a good standard of afford basic necessities.
or investments. living.
Wealth and Income
Inherited Wealth 1
Assets and money passed down
through generations, giving a major
advantage. 2 High Income Jobs
Careers like medicine, law, and finance
that provide substantial salaries.
Poverty & Debt 3
Lack of savings, assets, and steady
income trapping people in financial
hardship.
Education Level
Elite Institutions
Attending prestigious universities and clubs creates valuable professional networks.
Factors Impact
Understanding the complex factors that shape social class is crucial for navigating society and addressing
systemic inequalities.