Unit 3

Question 1

What is the median income for the traditional household?

Answer 1

$56,000.00

Question 2

the chances in life of doing well depending on what family you are born into

Answer 2

life chances

Question 3

_% of all children in US are born into poverty

Answer 3

20%

Question 4

people buy things conspicuously that they don’t need to make a statement

Answer 4

conspicuous consumption

Question 5

when something in a structure of society pushes whole groups up or whole groups down

Answer 5

structural mobility

Question 6

within generation; once career path is started, measure how much things change

Answer 6

intragenerational

Question 7

between generations; when we compare ourselves to our parents or ancestors

Answer 7

intergenerational

Question 8

What is the average credit card debt in the US?

Answer 8

$8,000

Question 9

Staying the same on the social ladder

Answer 9

horizontal mobility

Question 10

moving up or down the social class ladder

Answer 10

vertical mobility

Question 11

what is the minimum wage?

Answer 11

$7.25

Question 12

the inability to provide the basic things to live

Answer 12

absolute poverty

Question 13

If you fall below this you are in absolute poverty; below $24,000

Answer 13

Poverty line

Question 14

poor in comparison to other individuals

Answer 14

relatively poor

Question 15

knowledge or sophistication of cultural aspects of society

Answer 15

cultural capital

Question 16

how well someone does their job no matter what their prestige

Answer 16

esteem index

Question 17

how important we think people are; ranked high in society

Answer 17

prestige

Question 18

people moving from the mid middle class to the lower middle class

Answer 18

shrinking middle class

Question 19

physically or mentally limited; work on an hourly basis and don’t think for the future

Answer 19

lower low class

Question 20

How much of the population does the lower low class make up?

Answer 20

12%

Question 21

functionally literate; work on a day to day basis; (21% can’t read or write about 5th grade level

Answer 21

upper lower class

Question 22

how much of the population does the upper lower class make up?

Answer 22

13%

Question 23

have a high school diploma; work on a week to week basis

Answer 23

lower middle class

Question 24

how much of the population does the lower middle class make up?

Answer 24

30%

Question 25

bachelors degree; work on a month to month basis

Answer 25

mid middle class

Question 26

how much of the population is made up by the mid middle class?

Answer 26

30%

Question 27

What is the nickname for the mid middle class?

Answer 27

"middle management" or "supervisors"

Question 28

what is the nickname for the lower middle class?

Answer 28

"working class"

Question 29

what is the nickname for the upper lower class?

Answer 29

"working poor"

Question 30

what is the nickname for the lower low class?

Answer 30

"poor"

Question 31

graduate degree; work on a year to year basis

Answer 31

upper middle class

Question 32

what is the nickname for the lower upper class?

Answer 32

"upper management"

Question 33

how much of the population makes up the upper middle class?

Answer 33

14%

Question 34

how much of the population has a graduate level education?

Answer 34

12%

Question 35

how much of the population has a college degree?

Answer 35

32%

Question 36

came into their money in the last generation or 2 and tend to show it off

Answer 36

lower upper class

Question 37

nickname for lower upper class

Answer 37

"new rich"

Question 38

how much of the population does the upper class make up?

Answer 38

less than 3%

Question 39

aren't showy with their money bc it has been in the family for generation

Answer 39

upper upper class

Question 40

what is the upper upper class's nickname?

Answer 40

"old money" or "blue bloods"

Question 41

money that is generated on a quarterly basis from the stocks you own

Answer 41

dividends

Question 42

how much you make during a specific period

Answer 42

income

Question 43

accumulative possession you own

Answer 43

wealth

Question 44

how much of money does the upper class control?

Answer 44

80-85%

Question 45

money is still a factor but it's not the only thing theory

Answer 45

Contemporary (late) theory

Question 46

everything comes down to money which causes tension between the people who do and don't have it

Answer 46

Marxist (early) conflict theory

Question 47

everything exists because of some problem; tension between groups or people

Answer 47

conflict theory

Question 48

unclear or unstated purpose

Answer 48

latent/hidden function

Question 49

has a stated purpose; "this is the reason it exists"

Answer 49

manifest function

Question 50

everything in society has a function

Answer 50

functional theory

Question 51

__ says Times change and sometimes things lose their functions or new things arise that have a purpose

Answer 51

functionalists

Question 52

social layers; artificial distinctions between people that the society makes up

Answer 52

social stratification

Question 53

_% of life is based on life chances

Answer 53

40-46%

Question 54

Men in their early 40s blue collar workers earn about $___/year

Answer 54

$42,000

Question 55

Men with a college degree earn about $__ year

Answer 55

$65,000

Question 56

__ – rich because they were the first to industrialize so they got a head start on everyone else; industrialize around 1800s

Answer 56

First world country

Question 57

___ – well off but not as rich as first world because they didn’t industrialize as early as first world; industrialize around 1900s

Answer 57

Secondly world country aka industrial nation

Question 58

___ – overt political and military domination of one country by another

Answer 58

Colonialism

Question 59

___ – these countries at the bottom are dependent on first and second world countries to survive

Answer 59

dependency theory

Question 60

AKA non-industrialized countries – bottom of the international barrel

Answer 60

Third world country

Question 61

was the first to come up with exponential growth which challenges normal arithmetic growth; concerned about worldwide famine

Answer 61

Thomas Malthus

Question 62

– concerned about exponential growth; concerned not so much about famine but about things like the melting of the polar ice caps, pollution, etc.

Answer 62

Neo- Malthusians