SOC 1010 Exam 2 Study Guide with Questions and Correct Answers

How are wealth and income linked? Wealth includes assets other and money, income is money you make from a job. Mary is a real estate agent who makes $100,000 a year. The economy takes a downturn and she loses her job, then her home, and her vehicle. She becomes homeless. This is an example of ________________? Downward intragenerational Mobility The ability, or inability, to change one's place within the social classes in a society is called _________________? Social Mobility The caste system, found among the Hindus of India, is primarily based on ______ characteristics Ascribed Many actors and actresses earn millions each year and display their wealth by living in upscale mansions and driving expensive vehicles. This is an example of ______. stratified consumption Stratification on the global level is often seen as a divide of ______ and ______. northern hemisphere and southern hemisphere What development has helped to narrow the digital divide? The access to inexpensive digital devices. In what sector of the global paid-labor market are women most heavily employed? In Agriculture and labor-intensive manufacture Arlie Hochschild named the networks of immigrants who migrate to complete domestic work in the global economy "______." Global care chains What is the "race to the bottom"? a situation characterized by a progressive lowering or deterioration of standards, especially (in business contexts) as a result of the pressure of competition. In a ________ system, a person's social status is set at birth and is unchangeable. caste When sociologists study the existence of structured inequalities in a society, they refer to that structure as social stratification