| A | B |
| Class Systems | Open systems based on achieved status,provides opportunities and both horizontal and vertical mobility |
| lower-upper | new money, acquired wealth, can buy luxuries |
| community ranking of fellow members | reputational method |
| prestige | respect, honor, courtesy someone receives from others |
| father-truck driver, son-lawyer | intergenerational mobility |
| marriage outside one's class | exogamy |
| criteria of prestige | background, education, club memberships |
| working class | few financial reserves |
| social class | share same socio-economic status |
| caste system | closed system based on ascribed status,require endogamy, no mobility |
| example of vertical mobility | seretary rises to manager |
| social stratification | the ranking of people based on unequal access to scarse resources and social rewards |
| upper middle class | business and professional leaders who live comfortable in attractive environments |
| wealth | made up of assets and income |
| endogamy | marriage within one's social category |
| poverty | standard of living below the minimum level |
| subjective method | ranking oneself according to social class |
| social class | people of the same general status |
| examples of transfer payments | social security and unemployment insurance |
| life chances | the likelihood of people sharing the opportunities and benefits of society |
| blue collar | jobs that involve manual labor |
| life expectancy | the average number of years a person born in a particular year is likely to live |
| objective method | when sociologists define social class in terms of factors such as income, occupation, and education |
| social stratification | implies social inequality |
| upper upper class | most likely to use ancestry as a criterion for membership |
| socioeconomic status | combines factors such as education and place of residence with income |
| social mobility | the movement of individuals from one stratum of society to another |