Class refers to a system of social stratification based on economic and social status. It categorizes individuals into different groups based on their wealth, occupation, and access to resources.
Related terms
Social Mobility: Social mobility refers to the ability of individuals or groups to move up or down within the social class hierarchy.
Bourgeoisie: The bourgeoisie refers to the middle-class people who own property or have significant wealth.
Proletariat: The proletariat refers to the working-class people who do not own property but instead sell their labor for wages.