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STRATIFICATION
a structural ranking of entire groups of people that
perpetuates unequal economic rewards and power in a
society
VALUE
collective conceptions of what is considered good,
desirable, and proper – or bad, undesirable, and
improper in a culture
VESTED
INTERESTS
Veblen's term for those persons or groups who will
suffer in the event of social change and who have a
stake in maintaining the status quo
WEALTH
an inclusive term encompassing all of a person's
material assets including land and other types of
property
Reference Literature
1. Duverger, M. Introduction to the Social Sciences. London, 1994.
2. Schaefer. R.T., Lamm, R.P. Sociology. Western Illinois University, 1989.
3. Thompson, J.L. Examining Sociology. London, 1980.
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