Week 12-3. Which are more important?
Which are more important?
Social status is determined by various factors of the individual in society. There are income, age, race, sex, education, occupation and residence. I think the most important of them is income, because the biggest factor in modern capitalist society is the economic factor. Economical is essential above all for us to solve food, clothing and shelter. To meet a need, people solve it through consumption.
Economic inequality also causes inherent inequality. Inequality exists as a result, but there is also inequality of opportunity. Economic differences also result in consequential inequality, but opportunity inequality of opportunity. People with different economic conditions have less access to education or health care. There is also increased instability in housing and safety. There are economic factors at this base. More wealth can benefit from higher quality education and health care. In modern times, where many things can be enjoyed, much of life is affected by quality, not quantity. These things can be changed by the economic and have a great influence on people's status.
I agree with you that income really affects you a lot. Depending on wealth, access to education or health may vary. But to add a little bit, I think there are factors that can't be solved by income. Income is a big influence, but social status is not only just from 'income'.
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