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Social class - 🧠ANSWER ✔✔A group of people with shared life chances,
economic opportunities, and lifestyle.
Class consciousness - 🧠ANSWER ✔✔Where workers would realize that
they have strength in numbers, leading them to rise up against the
bourgeoisie and usher in a system that better serves their interests.
, Socioeconomic status - 🧠ANSWER ✔✔A measure of social standing that
takes multiple factors into account.
The welfare state - 🧠ANSWER ✔✔Refers to the system of taxing and
spending aimed at protecting and promoting the economic and social well-
being of the people.
Estate taxes - 🧠ANSWER ✔✔Taxes paid on inheritance
Living wage - 🧠ANSWER ✔✔One that provides enough income to meet
basic housing, food, and clothing needs
A labor union - 🧠ANSWER ✔✔Is a group that binds workers together and
provides the opportunity to negotiate wages and workplace conditions
through a process called collective bargaining.
The Davis-Moore thesis - 🧠ANSWER ✔✔Asserts that without the proper
economic rewards, there would be no motivation for people to take on
difficult and important jobs, like being a doctor, or risky jobs that provide
innovation and help society move forward
How does Marx define social class? - 🧠ANSWER ✔✔Marx viewed the
social class system as incredibly simple, composed of two and only two