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Flashcards in Unit 3 Deck (62)
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1
Q

What is the median income for the traditional household?

A

$56,000.00

2
Q

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

A

life chances

3
Q

_% of all children in US are born into poverty

A

20%

4
Q

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

A

conspicuous consumption

5
Q

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

A

structural mobility

6
Q

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

A

intragenerational

7
Q

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

A

intergenerational

8
Q

What is the average credit card debt in the US?

A

$8,000

9
Q

Staying the same on the social ladder

A

horizontal mobility

10
Q

moving up or down the social class ladder

A

vertical mobility

11
Q

what is the minimum wage?

A

$7.25

12
Q

the inability to provide the basic things to live

A

absolute poverty

13
Q

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

A

Poverty line

14
Q

poor in comparison to other individuals

A

relatively poor

15
Q

knowledge or sophistication of cultural aspects of society

A

cultural capital

16
Q

how well someone does their job no matter what their prestige

A

esteem index

17
Q

how important we think people are; ranked high in society

A

prestige

18
Q

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

A

shrinking middle class

19
Q

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

A

lower low class

20
Q

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

A

12%

21
Q

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

A

upper lower class

22
Q

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

A

13%

23
Q

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

A

lower middle class

24
Q

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

A

30%

25
Q

bachelors degree; work on a month to month basis

A

mid middle class

26
Q

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

A

30%

27
Q

What is the nickname for the mid middle class?

A

“middle management” or “supervisors”

28
Q

what is the nickname for the lower middle class?

A

“working class”

29
Q

what is the nickname for the upper lower class?

A

“working poor”

30
Q

what is the nickname for the lower low class?

A

“poor”

31
Q

graduate degree; work on a year to year basis

A

upper middle class

32
Q

what is the nickname for the lower upper class?

A

“upper management”

33
Q

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

A

14%

34
Q

how much of the population has a graduate level education?

A

12%

35
Q

how much of the population has a college degree?

A

32%

36
Q

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

A

lower upper class

37
Q

nickname for lower upper class

A

“new rich”

38
Q

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

A

less than 3%

39
Q

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

A

upper upper class

40
Q

what is the upper upper class’s nickname?

A

“old money” or “blue bloods”

41
Q

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

A

dividends

42
Q

how much you make during a specific period

A

income

43
Q

accumulative possession you own

A

wealth

44
Q

how much of money does the upper class control?

A

80-85%

45
Q

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

A

Contemporary (late) theory

46
Q

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

A

Marxist (early) conflict theory

47
Q

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

A

conflict theory

48
Q

unclear or unstated purpose

A

latent/hidden function

49
Q

has a stated purpose; “this is the reason it exists”

A

manifest function

50
Q

everything in society has a function

A

functional theory

51
Q

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

A

functionalists

52
Q

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

A

social stratification

53
Q

_% of life is based on life chances

A

40-46%

54
Q

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

A

$42,000

55
Q

Men with a college degree earn about $__ year

A

$65,000

56
Q

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

A

First world country

57
Q

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

A

Secondly world country aka industrial nation

58
Q

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

A

Colonialism

59
Q

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

A

dependency theory

60
Q

AKA non-industrialized countries – bottom of the international barrel

A

Third world country

61
Q

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

A

Thomas Malthus

62
Q

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

A

Neo- Malthusians