Social stratification is a form of social inequality, which is the study of any systematic inequalities between groups of people in society, or between two or more companies, which exists at the expense of social relations. It refers to the existence of different social groups, which is ranked higher or lower than others in terms of factors such as class, prestige and wealth.
Social class refers to a segment of the population, which is different from other segments of the same population in terms of shared values, accumulated wealth, education and other social etiquette. Typically, there ...