question archive What is the layering of society based on income and related aspects called?  

What is the layering of society based on income and related aspects called?  

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What is the layering of society based on income and related aspects called?

 

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Social Stratification

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Social stratification is the system of social standing based on the layer where one belongs. It is the categorization of the people into rankings of socioeconomic layer based on wealth, income, race, education, and power.

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