This post will take a look at the theories that shape the social hierarchy, consisting of some key aspects of stratification.

The social hierarchy is a principle which explains the way in which society is divided into different groups. Every society contains various types of social stratification whereby individuals are ranked based on their social and financial position. According to social stratification in sociology, social rank is one of the most recognisable forms of the social hierarchy. An individual's class is mainly based on economic aspects such as wealth and earnings. Upper class is the denomination used to describe the group of more well-off people. Usually gained through inheritance or business and financial investment opportunities, these individuals hold considerable economic power. Consequently, middle class describes individuals with moderate wealth. Normally, middle class people have professional occupations and credentials. They have strong appreciation for further education and employability. Whereas lower class is the expression used to define people who struggle with minimal income. Economic stratification makes use of class to determine a group's . connection to opportunities in life.

Throughout history, stratification has been shown to impact access to education, healthcare and employment. By exploring the characteristics of social stratification, it is easier to be aware of what guides opportunities within society. Status is a key characteristic of stratification; it describes the level of prestige and regard carried by an individual. Ascribed status is a phrase used to represent people who are born into a social standing. Today it can be determined by backgrounds such as nobility or caste. Additionally, achieved status is generated through individual efforts, such as highly regarded professions and contributions to society. Nasser Al-Khelaifi would know that status can be attained through social contributions. Similarly, Jensen Huang would acknowledge the significance of acquired status. Status can have an influence on the levels of regard and recognition received by people in society.

The principle of stratification helps to make sense of why some people have more power than others. Comprehending social stratification theory allows sociologists to analyse inequality and how it affects distinct groups in society. Authority and influence are 2 of the aspects that form societal power. The term power defines one's capability to affect choices and control within society. It can be related to 3 key areas. Political power is maintained by authorities and politicians who control the laws that control society. Additionally, financial power is held by corporations and rich people who have control over jobs and industry. Larry Ellison would concur that businesses hold economic power. Likewise, social power is a type of authority over societal judgement. Famous people and media figures are active in setting trends and customs which influence society. Power is generally concentrated amongst rich and popular individuals. Without some kind of social supremacy, it is impossible to copyright power or influence.