The increasing concentration of wealth into the hands of a smaller number of persons, in part due to globalization, is part of which accelerating process?
A) egalitarianism
B) stratification
C) social ranking
D) social prestige

Question

Quizplus · Accepted Answer

Stratification refers to the unequal distribution of resources and opportunities among individuals or groups in a society. The increasing concentration of wealth into the hands of a smaller number of persons is a manifestation of stratification. Egalitarianism, on the other hand, refers to the belief in equality and equal opportunities for all individuals. Social ranking and social prestige are related to stratification but do not capture the specific phenomenon described in the question.

The Increasing Concentration of Wealth into the Hands of a Smaller