What is the difference between income and wealth?

What is the difference between income and wealth?.

1.This is applied Sociology.  Based on Max Weber’s Multidimensional class model of wealth, power, and prestige, how do entertainers and reality TV personalities, such as Lady Gaga and Kardashians or rich entertainers in geral, become wealthy and well known worldwide? Where do individuals such as these fit in Weber’s system of Stratification.

2. Discuss why employment be based on meritocracy, need, or affirmative action-type policies designed to bring about greater diversity?

3. What is the difference between income and wealth? and (b) why do we need to understand these differences in order to realistically comprehend the meaning of social class?

4. Compare and contrast Max Weber’s and Karl Marx’s approach to defining social class? What are the strengths and weaknesses of each method?

5. What are the examples of horizontal and vertical mobility?

b. Which do you think is more prevalent in the United States today? Why? Discuss.

6a. Study the article on Percy Julian struggles and explain the factors influencing his successes despite all odds?

b. Discuss ways does inequality, class and race impact social and intellectual development in America

c. What Lesson should we learn from the experiences of Percy Julian?

What is the difference between income and wealth?

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