Question

In: Economics

Briefly explain the importance of class struggle and technological development in explaining socio-economic change. Use a...

Briefly explain the importance of class struggle and technological development in explaining socio-economic change. Use a concrete example to explain the argument.

Solutions

Expert Solution

Social class is defined as the grouping of people in a stratified hierarchy based on income, education, wealth, social network, and occupation (though other factors are also considered sometimes). The person's position in the social class hierarchy may impact, for example, education, health, political participation, family life, religious affiliation, and experience with the criminal justice system. Class struggle (also termed as class conflict and class warfare) is the economic antagonism and political tension that prevails in society consequent to socio-economic changes among the social classes.

Regardless of which model of social classes is applied, it is evident that socioeconomic status is linked to particular innovations and opportunities. Innovation contributes to socio-economic with raised wages, and helped Americans to improve the standard of living among various classes. New technologies in household allow more time for leisure and family. For example: A survey conducted by the United Nations Development Programme (UNDP) revealed 55% of women around the globe earned additional income due to owning a mobile phone, and have increased their professional and income opportunities by 41%


Related Solutions

What is Socio-economic class?
What is Socio-economic class?
Briefly explain at least 5 socio-economic benefits of insurance in Kenya
Briefly explain at least 5 socio-economic benefits of insurance in Kenya
For each of the following, briefly explain the major significance or importance to development a) fetal...
For each of the following, briefly explain the major significance or importance to development a) fetal hemoglobins b) AGM (aorta/gonad/mesonephros) c) fetal lung surfactant d) ultrabithorax e) inject bicoid into posterior of Drosophila zygote f) foramen ovale and ductus arteriosus
A pollster for an election believes that the age group and socio-economic class of a voter...
A pollster for an election believes that the age group and socio-economic class of a voter may be factors that affect the extent to which that voter will agree with a new range of policies of the current government. A two-way ANOVA test is conducted to test this. Three hypotheses are tested: Test 1 relates to whether age group is a significant factor, Test 2 relates to whether socio-economic class is a significant factor, and Test 3 relates to interaction...
PEST analysis (political, economic, socio-cultural and technological) describes a framework of macro-environmental factors used in the...
PEST analysis (political, economic, socio-cultural and technological) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Give examples and discuss the impact of each of the elements in the PEST analysis
Compare the performance of India with other South Asian countries in terms of socio-economic development in...
Compare the performance of India with other South Asian countries in terms of socio-economic development in the recent decade. Answer in more than 400 words.
With examples, discuss the effect of protectionism trade policies on the socio-economic development of developing countries.
With examples, discuss the effect of protectionism trade policies on the socio-economic development of developing countries.
With examples, discuss the effect of protectionism trade policies on the socio-economic development of developing countries.
With examples, discuss the effect of protectionism trade policies on the socio-economic development of developing countries.
What role(s) are rural community banks established to play in the socio-economic development of Ghana? In...
What role(s) are rural community banks established to play in the socio-economic development of Ghana? In your own estimation, and with specific example from your area (using a practical case) how well have they performed or are performing such role(s) in the annals of Ghana.
briefly explain five importance of interview
briefly explain five importance of interview
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT