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A social class or social stratum is a grouping of people into a set of hierarchical social categories, [1] the most common being the working class, middle class, and upper class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. [2]
Basic groups: The smallest possible social group with a defined number of people (i.e. greater than 1)—often associated with family building: Dyad : Will be a group of two people. Social interaction in a dyad is typically more intense than in larger groups as neither member shares the other's attention with anyone else.
Those taking the functionalist approach to sociology and economics view social classes as components essential for the survival of complex societies, such as American society. [7] Assortative mating in humans has been widely observed and studied. It includes the tendency of humans to prefer to mate within their socio-economic peers, that is ...
In sociology, for example, proponents of action theory have suggested that social stratification is commonly found in developed societies, wherein a dominance hierarchy may be necessary in order to maintain social order and provide a stable social structure.
Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a contemporary one, known as "new economic sociology".
Standard of living is the level of income, comforts and services available to an individual, community or society.A contributing factor to an individual's quality of life, standard of living is generally concerned with objective metrics outside an individual's personal control, such as economic, societal, political, and environmental matters. [1]
One of the earliest and most comprehensive accounts of social structure was provided by Karl Marx, who related political, cultural, and religious life to the mode of production (an underlying economic structure). Marx argued that the economic base substantially determined the cultural and political superstructure of a society.
Economic reasoning has been increasingly applied in recent decades to other social situations such as politics, law, psychology, history, religion, marriage and family life, and other social interactions. [citation needed] The expanding domain of economics in the social sciences has been described as economic imperialism. [17] [24]