Learning Objectives

After reading this chapter, you will be able to:

  • What is the difference between income  and wealth?
  • How do major sociological theories explain income inequality?
  • What is social stratification and how does it work in society?
  • How has social mobility changed  in the United States?
  • What are the impacts of class position on education, health, and other social outcomes?
  • What programs might address  income inequality?