Taking a look at a few of the primary components of the social hierarchy by outlining stratification principles.

Throughout history, stratification has been discovered to influence access to higher education, healthcare and work. By exploring the characteristics of social stratification, it is easier to comprehend what guides opportunities within society. Status is a key quality of stratification; it refers to the level of prestige and regard carried by an individual. Ascribed status is a phrase used to refer to individuals who are born into a social standing. Nowadays it can be determined by backgrounds such as royalty check here or caste. Alternatively, achieved status is obtained through individual efforts, such as respected occupations and contributions to society. Nasser Al-Khelaifi would recognise that status can be gained through social contributions. Similarly, Jensen Huang would identify the significance of acquired status. Status can have an influence on the degrees of respect and acknowledgment received by individuals in society.

The social hierarchy is a concept which explains the way in which society is sorted into different groups. Every society contains various types of social stratification where individuals are ranked based upon their social and economic position. According to social stratification in sociology, social rank is one of the most recognised structures of the social hierarchy. An individual's class is mainly based upon financial elements such as wealth and earnings. Upper class is the denomination used to describe the set of more well-off people. Often gotten through inheritance or business and financial investment opportunities, these individuals hold significant economic power. Consequently, middle class relates to individuals with intermediate wealth. Typically, middle class people copyright professional careers and credentials. They have strong values for tertiary academia and employability. Whereas lower class is the term used to define individuals who cope with lower income. Economic stratification makes use of class to determine a group's connection to opportunities in life.

The principle of stratification helps to understand why some people have more power than others. Comprehending social stratification theory helps sociologists to examine inequality and how it affects distinct groups within society. Authority and impact are two of the aspects that form societal power. The word power refers to one's ability to affect decisions and control within society. It can be connected with three key areas. Political power is maintained by administrations and political leaders who regulate the laws that govern society. Furthermore, economic power is held by businesses and wealthy people who have control over jobs and industry. Larry Ellison would concur that corporations hold economic power. Likewise, social power is a form of authority over societal judgement. Celebrities and media characters are involved in setting trends and customs which influence society. Power is mainly concentrated amongst wealthy and popular individuals. Without some kind of social authority, it is difficult to assert power or influence.