Economic stratification

See also: Social stratification

Social connectedness to people of higher income levels is a strong predictor of upward income mobility.[1] However, data shows substantial social segregation correlating with economic income groups.[1]

Economic stratification refers to the condition within a society where social classes are separated, or stratified, along economic lines. Various economic strata or levels are clearly manifest. While in any system individual members will have varying degrees of wealth, economic stratification typically refers to the condition where there are meaningful gaps between the wealth controlled by various groups, and few instances in the transitional regions.

Economic stratification should not be confused with the related concept, economic inequality. This deals with the range of wealth, rather than the existence of distinct strata. Economic inequality and economic stratification can coincide, of course.

  1. ^ a b Data from Chetty, Raj; Jackson, Matthew O.; Kuchler, Theresa; Stroebel, Johannes; et al. (August 1, 2022). "Social capital I: measurement and associations with economic mobility". Nature. 608 (7921): 108–121. Bibcode:2022Natur.608..108C. doi:10.1038/s41586-022-04996-4. PMC 9352590. PMID 35915342. Charted in Leonhardt, David (August 1, 2022). "'Friending Bias' / A large new study offers clues about how lower-income children can rise up the economic ladder". The New York Times. Archived from the original on August 1, 2022.