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Social status is the relative level of social value a person is considered to possess. [1][2] Such social value includes respect, honor, assumed competence, and deference. [3] On one hand, social scientists view status as a "reward" for group members who treat others well and take initiative. [4] This is one explanation for its apparent cross ...
e. In the social sciences, social structure is the aggregate of patterned social arrangements in society that are both emergent from and determinant of the actions of individuals. [1] Likewise, society is believed to be grouped into structurally related groups or sets of roles, with different functions, meanings, or purposes.
Definition and usage. "Social stratification" is a concept used in the social sciences to describe the relative social position of persons in a given social group, category, geographical region or other social unit. It derives from the Latin strātum (plural 'strata'; parallel, horizontal layers) referring to a given society's categorization of ...
Social norm. A social norm is a shared standard of acceptable behavior by a group. [1] Social norms can both be informal understandings that govern the behavior of members of a society, as well as be codified into rules and laws. [2] Social normative influences or social norms, are deemed to be powerful drivers of human behavioural changes and ...
Social equality is a state of affairs in which all individuals within society have equal rights, liberties, and status, possibly including civil rights, freedom of expression, autonomy, and equal access to certain public goods and social services. Social equality requires the absence of legally enforced social class or caste boundaries and the ...
Intersectionality is a sociological analytical framework for understanding how groups' and individuals' social and political identities result in unique combinations of discrimination and privilege. Examples of these factors include gender, caste, sex, race, ethnicity, class, sexuality, religion, disability, height, age, and weight. [ 1 ]
In economics, the Gini coefficient (/ ˈdʒiːni / JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality [ 3 ] within a nation or a social group. It was developed by Italian statistician and sociologist ...
The Invesco S&P 500 Equal Weight ETF's unique difference. The S&P 500 index is constructed to be representative of the broader economy, with the roughly 500 stocks in the list selected by human ...