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The following are reported income-, education-, and occupation-based terms for specific classes commonly used by sociologists. Note that income levels are from the 2000s, and not adjusted for inflation.
Social inequality usually implies the lack of equality of outcome, but may alternatively be conceptualized as a lack of equality in access to opportunity. [1] Social inequality is linked to economic inequality, usually described on the basis of the unequal distribution of income or wealth.
The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), investment income such as dividends, interest, or rental income, or a combination of capital gain and income.
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [1] [2] The American upper class is distinguished from the rest of the population due to the fact that its primary source of income consists of assets ...
Equal opportunity is a state of fairness in which individuals are treated similarly, unhampered by artificial barriers, prejudices, or preferences, except when particular distinctions can be explicitly justified.
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