How does the social status of an indivizual affect his or her economic status?
Answers
Status can be determined in two ways. One can earn their social status by their own achievements, which is known asachieved status. Alternatively, one can be placed in the stratification system by their inherited position, which is calledascribed status.
An embodied status is one that is generated by physical characteristics located within our physical selves (such as beauty, physical disability, stature, build).
The status that is the most important for an individual at a given time is called master status
Social status is the standing one holds in society based on prestige. It is also affected by a number of factors such as occupation, wealth, education, and family background. In stratified societies, consisting of a hierarchical social structure, people are divided into social classes that are valued differently in the society. Certain types of society have a rigid social class system, with little or no social mobility and thus no opportunity to change one’s social status. Others, although stratified, are more open to change in social status through marriage, education, talent, and hard work. Globalization has increased the opportunities for people to change their social status. However, a truly equitable society requires that all its members be equally valued, regardless of their family background, occupation, income level, or other factors.