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Essay / Research Paper Abstract
This 4 page paper discusses wealth and how it is seen in relation to social stratification. Bibliography lists 1 source.
Page Count:
4 pages (~225 words per page)
File: KV32_HVsostrt.rtf
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Unformatted sample text from the term paper:
use to study the population segment. This paper explores the relationship between wealth and social stratification. Discussion As noted, the term "social stratification"
comes from the worlds "society" and "strata" (layers). This implies that society is made up of various components and is not a homogenous, smoothly-integrated whole. In this case, the layers
of interest are those created by wealth. Its no secret that money is extremely important in society today, and that those with a great deal of money are in fact
running society. Today, the gap between rich and poor is greater than ever, and widening at a rapid pace, particularly when one considers the extremely wealthy, known as the "elite."
These are the top 1% of the population who are rich beyond the dreams of most; who can afford anything they desire, from the most expensive autos and private jets,
to exclusive properties, to being able to send their children to the worlds most expensive schools and universities. They never have to worry about the economy because they are so
wealthy that no matter how bad things get, they will always have a substantial amount of money. The second layer is that of the wealthy who are not multi-billionaires but
who still have vast resources and are immune to economic upheavals. Together these two "layers" make up the "upper class," perhaps the top 10% of the U.S. society. Beneath this
upper class are the traditional middle and lower classes, and what is known as a permanent underclass. Its fair to say that while the upper 10% is doing exceptionally well,
the rest of society is struggling. Some of the problems they are experiencing are the direct result of political action and subsequent legislation, such as the tax cuts of the
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