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The social and economic stratification of Appalachia comes largely as the result of classism. Many politicians and businessmen took advantage of the region's natural resource industries, such as mountaintop coal mining. Appalachian laborers were heavily exploited, which prevented the region from developing socially or gaining economic independence.
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
Socioeconomic status is an important source of health inequity, as there is a very robust positive correlation between socioeconomic status and health. This correlation suggests that it is not only the poor who tend to be sick when everyone else is healthy, but that there is a continual gradient, from the top to the bottom of the socio-economic ...
The 1911 "Pyramid of Capitalist System" cartoon is an example of socialist critique of capitalism and of social stratification. In Marxist theory, the modern mode of production consists of two main economic parts: the base and the superstructure.
Cleavage theory accordingly argues that political cleavages predominantly determine a country's party system as well as the individual voting behavior of citizens, dividing them into voting blocs. [3] These blocs are distinguished by similar socio-economic characteristics, who vote and view the world in a similar way. It is distinct from other ...
An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.
The median wealth of married couples exceeds that of single individuals, regardless of gender and across all age categories. [11]It is impossible to understand people's behavior…without the concept of social stratification, because class position has a pervasive influence on almost everything…the clothes we wear…the television shows we watch…the colors we paint our homes in and the ...
The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, [1] is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.