In: Operations Management
social class is said to be the economic status of individuals;explain with relevant examples five factors that cause social class problems
The social class in any economy is based on the income of a group compared to others in the same nation. Social stratification is done based on the economy of the people which makes the status of social class that the person is in. The Nation of the US has a distinct social class due to the inequality of income and assets for the people which is quite huge. Social stratification is a method by which societies categorize and rank members in a hierarchy in any economy like that it is in the US.
The problems that the class based on the social and economic performance of the economy and the examples of problems related to are:
· Health, the class-based health in the US is such that the person with money is guaranteed best of care while the poor one is not assured,
· Education, the class of social difference gives an idea of the chance of getting an education for the one with money can be as per their wish but for the poor, it may not extend beyond the Public school.
· Lifestyle, the socio-economic aspect which is varied due to the economy like having a home or being homeless in the US where the income and social class are so varied.
· Opportunities, the opportunity to peruse an idea is more with one with money which a poor won't date to chase due to the class they are in say in a court of law,
· Crime, the rate of crime among the poor is more which is a sign of desperation of the poor which turns violent and also pushes the poor towards drugs and crime.