What is inequality?
The unequal distribution of resources, opportunities, and privileges among individuals
What is social class?
A persons economic positioning,
People with similar income and wealth rank close to one another.
What is status?
Prestige attached to a persons position in society.
What is power?
Ability to get others to do what u want.
What is status consistency?
Similar positions accompanied by similar rankings on all three dimensions ( class, status and power)
What is status inconsistency?
Your ranking in one dimension Diffrent from your ranking in another dimension. I.e celebrities or athletes.
What is income?
Amount of money a person earns measured yearly.
What is wealth?
Total amount of a persons financial assets.
Ex net worth