by kdkasi | Feb 24, 2018 | Social Institutions
Following are the functions of economic institutions which include Social stratification, Power and authority, Interdependence of other Institutions, Needs satisfaction, Employment, Division of Labor and Provision of funds. Social Stratification: In capitalist system,...
by kdkasi | Dec 13, 2017 | Social Stratification and Mobility
Social stratification is the hierarchal social standing of people in the society. In this hierarchal system some people stand on the top of social class ladder and some stand in the middle and some at the bottom. The position of an individual is determined by the...