| A | B |
|---|
| social stratification | division of society into categories, ranks or classes |
| social inequality | the unequal sharing of resources and social rewards |
| caste system | closed stratification system, no social mobility |
| exogamy | marriage outside of caste |
| endogamy | marriage within caste |
| class system | some control over place in society, some movement on continuum |
| social class | grouping of people with similar levels of wealth, power, and prestige |
| socioeconomic status | rating that combines social factors such as educational level, occupational prestige, and place of residence with the economic factor of income |
| power | the ability to control the behavior of others |
| prestige | the respect, honor, recognition or courtesy an individual receives |
| wealth | assets - the value of everything a person owns plus income |
| social mobility | the movement between or within social classes |
| vertical mobility | refers to the movement between social classes or strata |
| poverty | standard of living below the mininum level considered adequate by society |
| transfer payment | redistributes money within society by funneling a percentage of tax revenues to groups that need public assistance |
