Chapter 8 Flashcards

(29 cards)

1
Q

Social Stratifaction

A

Refers to the way in which society is organized into layers (i.e., strata) based on wealth, power, and status.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

the income of canadians hace tripped since the 1950s. why?

A

1.Higher productivity: with technology and better
education, our economy has gone post‐industrial: we make more money than we did before.
2. Double incomes: now families have double earners
compared to the ‘50s, because women have entered the work force

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

define income quantile share

A

It measures how total income is distributed among five equal-sized population groups.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What would perfect income equality look like?

A

Each 20% of the population would receive 20% of the total income.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How is income actually distributed in Canada?

A

Higher-income groups earn a larger share, while lower-income groups earn less.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

How has income distribution changed over time?

A

It has shifted due to economic policies, wage growth, and social programs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what is the difference between inequality and poverty?

A

inequality reders to income distribution, while poverty measures the inability to meet basic needs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

how has income distribution in canada changed since the 1970s?

A

the richest 20% of the population saw their share increase while the poorest 20% saw theirs decresase

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

what is the Gini coefficient?

A

a measure of income inequality, higher values indicate greater inequality.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

how does canada compare globally in income inequality?

A

canada is in the middle, with more equality than the US but less than Scandinavian countries.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

what is wealth?

A

wealth is assets (what you own) minus liabilities (what you owe)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

how is wealth different from income?

A

income is money earned regularly, while wealth is accumulated assets.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

why is wealth inequality greater than income inequality?

A

wealth grows exponentially through investments, while income grows more slowly.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

what are the 5 factors influencing economic status?

A
  1. natural talent
  2. effort
  3. education
  4. social capital (connections)
  5. cultural capital (knowledge)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

what is social mobility

A

the ability to move up or down in the social hierarchy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is the difference between intragenerational and intergenerational mobility?

A

Intragenerational mobility occurs within one’s lifetime; intergenerational mobility occurs between generations.

17
Q

What is the difference between an open and closed society?

A

Open societies allow mobility based on ability; closed societies have rigid class structures.

18
Q

What are the two types of equality?

A

Equality of opportunity (chances to participate) and equality of condition (chances to succeed).

19
Q

What is the Market Basket Measure (MBM)?

A

Canada’s official poverty measure, based on the cost of a basket of essential goods and services.

20
Q

What are common myths about poverty?

A

1) Poor people don’t want to work, 2) Most poor people are immigrants, 3) Poverty is a lifelong trap.

21
Q

What are the structural causes of poverty?

A

Economic organization (lack of jobs), social policy (minimum wages, tax systems), and ideology (discrimination).

22
Q

How does inequality affect talent and success?

A

Large inequality wastes potential by limiting opportunities for lower-income individuals.

23
Q

How do Canadians feel about income inequality?

A

Many dislike it but oppose government action to reduce it, such as raising taxes.

24
Q

what is the downside to inequality?

A

it isn’t just due to individual gifts and efforts; a person’s success depends on their family’s social class (not to mention things like race/ethnicity, gender, religion, etc.)

25
what is power as defined by max weber?
Power is not fixed; it can shift. Less powerful groups can gain power through organization and resistance.
26
homelessness is divided into two forms. what are they?
1) unsheltered - sleep in pubic parks, tents, etc... 2) hidden homelessness (couch surfing)
27
what is feminization of poverty
1) Women were more likely to be low-income earners than men (true) 2) Low-Inome gap between women and men was growing (untrue)
28
what is feudalism explained by marx
Feudalism - a system in medieval times where peasants worked land owned by lords, giving them a portion of their harvest in exchange for protection. - Marx argued that feudalism declined as trade and industry grew, forcing peasants off the land and into cites as workers. - Capitalism encouraged technological progress but also widened the gap between the rich and the poor. - Industrialists kept wages low and working conditions poor, enriching a small elite while expanding the working class. - Marx believed workers would eventually realize what was going on, unite with one another and overthrow capitalism to establish communism, where properties would be collectively owned. - He defined class by ones relationship to: ○ Production (distinguishing between the owners) ○ Proletariat (workers) ○ Petite bourgeoise (small business owners) - Overtime, capitalism would reduce society to main classes: ○ Capitalists ○ Workers
29