Social Stratification: Social stratification is the division of society into different social classes or groups based on factors like income, occupation, and education.
Gentrification: Gentrification refers to the process of wealthier individuals moving into lower-income neighborhoods, leading to increased property values and often displacing long-term residents.
Income Disparity: Income disparity refers to the gap between high-income earners and low-income earners in a society. It highlights the unequal distribution of wealth within a population.