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Conclusion

  The social stratification system not only adds value to the traditional influence on wealth but also influences the treatment of an individual in society by grouping individuals into different classes based on race, ethnicity, and gender.  This misconception treatment to individuals makes reference in relation to their race, appearance, race, sex among other distinguishing characteristics. In the general perspective of the stratification system, both individuals and groups of people are categorically differentiated in various classes based on their general weakened characteristics or sit off the invalid characteristics.   Social stratification rarely provides a clerical account of the event involved in the formation of a real structural-functional unit considered to be of productive nature in the societal economy. Traditionally, the idea of stratification has been viewed in a crude way but with the current sociological world, stratification is well perceived based on the Marxian theo
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How to battle this?

  Six policies to reduce economic inequality  Following the Inequality Policy Brief, here are six ways to minimize the rising economic inequality prevalent in the United States. Haas Institute Director john a. powell discusses why these policies will work in slowing the growth in inequality.  Almost three years to the date since Occupy Wall Street first raised the consciousness of Americans about the wide economic disparities between the richest one percent versus the 99 percent of U.S. earners, new Federal Reserve data confirms that wealth and income inequality in the U.S. is accelerating. Toward this goal, researchers from the Haas Institute for a Fair and Inclusive Society at UC Berkeley point to the following six evidence-based policy solutions that can have a positive effect on reversing rising inequality, closing economic disparities among subgroups and enhancing economic mobility for all: 1. Increase the minimum wage. Research shows that higher wages for the lowest-paid workers

WEALTH BASED SOCIAL STRATIFICATION

“ What is particularly worrying in India’s case is that economic inequality is being added to a society that is already fractured along the lines of caste, religion, region and gender.” While India is one of the fastest growing economies in the world, it is also one of the most unequal countries. Inequality has been rising sharply for the last three decades. The richest have cornered a huge part of the wealth created through crony capitalism and inheritance. They are getting richer at a much faster pace while the poor are still struggling to earn a minimum wage and access quality education and healthcare services, which continue to suffer from chronic under-investment. These widening gaps and rising inequalities affect women and children the most. Let's look at the numbers 1%     The top 10% of the Indian population holds 77% of the total national wealth. 73% of the wealth generated in 2017 went to the richest 1%, while *670 million Indians who comprise the poorest half of the popu

Caste system

  Caste systems are closed social stratification systems in which people inherit their position and experience little mobility. Caste is an elaborate and complex social system that combines some or all elements of endogamy, hereditary transmission of occupation, social class, social identity, hierarchy, exclusion, and power. Caste as a closed social stratification system in which membership is determined by birth and remains fixed for life; castes are also endogamous, meaning marriage is proscribed outside one’s caste, and offspring are automatically members of their parents’ caste. Although India societies and mainly Hinduism is commonly associated with caste systems, this system can be seen in many different parts of the world and in many different cultures.  The word "Castas" was first used in the 16th Century in the colonial Spain in regions of South America and Central America.  In India the word Caste was first used by the Portuguese in the 17th Century. HINDUISM: Caste

What is Social Stratification ?

Social stratification refers to the society's categorisation of its people into groups grounded on socio-economic factors like wealth, income, race, education, gender, occupation, social status, ethnicity, or deduced power. As similar, stratification is the similar position of persons within a social group, geographic region, order or social unit.     The societies like India, social stratification is generally defined in terms of three social classes the upper class, the middle class and the lower class; in turn each class is then sub classified into the upper-stratum, middle-stratum, and lower-stratum. Also a social stratum can be formed upon the bases of association , clan, lineage, or estate or all four.     The categorisation of people by social stratums occurs more easily in complex state - grounded, polycentric or feudal societies, the ultimate being grounded upon socio-profitable relations among classes of nobility classes of peasants. Whether social position first appeare