Examlex
One of the advantages of the gold standard is that countries were forced to observe strict monetary policies.
Hierarchical Ranking
The organization of entities or individuals in a structure where some hold higher positions or status than others, often leading to differentiated treatment or access to resources.
Conflict Theorists
Sociologists who view social life as a competition, emphasizing the role of coercion and power in producing social order, often focusing on class, race, and gender struggles.
Davis-Moore Thesis
A theory suggesting that social stratification is beneficial to society because it ensures that the most capable individuals occupy the most important roles.
Status Symbols
Material indicators that demonstrate a person’s social and economic position.
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