Stratification refers to the hierarchical arrangement of people in a society. These resources might be economic or political, such as health care, education, jobs, property and land ownership, housing, and ability to influence government policy. Building on the ideas of Max Weber, who saw three main dimensions of stratification (class, status, and party), contemporary sociologists often define stratification in terms of socioeconomic status.
I read something fact about the USA interestingly. First was that just 400 Americans have the same wealth as half of all Americans combined. Second was that just 25 Americans have a combined income almost as great as the combined income of 2 billion of the world’s poor.
In this unit, "Are there any contradiction in Korea's economic status?" is good discussion point.
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