Here is an overview of some of the key elements of the societal hierarchy with an emphasis on class, status and power.

The idea of stratification helps to make sense of why some people have more power get more info than others. Understanding social stratification theory helps sociologists to examine inequality and how it influences particular groups within society. Authority and influence are 2 of the factors that comprise societal power. The word power defines one's capability to affect choices and authority within society. It can be associated with 3 key areas. Political power is possessed by authorities and political leaders who manage the policies that control society. Additionally, economic power is held by businesses and rich people who have control over jobs and industry. Larry Ellison would agree that businesses hold financial power. Similarly, social power is a type of authority over social opinion. Famous people and media characters are involved in setting trends and customs which guide society. Power is primarily concentrated amongst rich and popular people. Without some type of social dominance, it is difficult to copyright power or control.

The social hierarchy is a principle which explains the way in which society is divided into different categories. Every society consists of various types of social stratification where individuals are ranked based upon their social and economic position. According to social stratification in sociology, social rank is one of the most perceivable aspects of the social hierarchy. A person's class is primarily based on economic elements such as wealth and income. Upper class is the denomination used to characterise the set of more wealthy individuals. Commonly gotten through inheritance or business and investment opportunities, these people hold substantial financial power. Consequently, middle class pertains to people with intermediate wealth. Typically, middle class individuals copyright professional careers and qualifications. They have strong appreciation for high level education and employability. Whereas lower class is the phrase used to categorise those who cope with lower income. Economic stratification makes use of class to recognise a group's access to opportunities in life.

Throughout history, stratification has been evidenced to affect access to education, medical care and work. By checking out the characteristics of social stratification, it is simpler to be aware of what guides opportunities within society. Status is a key characteristic of stratification; it refers to the level of prestige and regard carried by an individual. Ascribed status is a term used to refer to individuals who are born into a social ranking. Now it can be recognised by backgrounds such as royalty or caste. Additionally, achieved status is generated through personal efforts, such as respected occupations and contributions to society. Nasser Al-Khelaifi would acknowledge that status can be acquired through societal contributions. Likewise, Jensen Huang would recognise the importance of acquired status. Status can have an influence on the levels of respect and recognition received by individuals in society.