Hello Cheggs, I need help with 3 questions I have posted below. This is for my S

Question

Hello Cheggs, I need help with 3 questions I have posted below. This is for my Sociology course. My Mother passed away last Thursday, and my mind is just not up to trying to work these questions, any help to get me started would be greatly appreciated.

1. Explain why the upper classes may allow persons in the lower classes to attain prestige without granting them power or wealth. Give examples to support your answer.

2. Assuming that we could equally divide all the world’s wealth and assets among everyone, why would stratification soon be evident among societies again? Use one or more of the various sociological perspectives to support your answer

3. Discuss how multinational corporations may produce both functions and dysfunctions within the United States and and abroad? Give examples to support you answer.

Explanation / Answer

1. In sociology, power is the ability to influence people. To acquire power you need wealth, social status, authority etc. Social stratification is a concept in which people are classified according to their socioeconomic conditions. The upper class in which people are wealthiest and have greatest political powers. It consists of 1-2% of the total population. The middle class are those people which lies between working class and the upper class. Working class consists of those people who work in lower than average income jobs or are unemployed. In the modern society,the lower classes have rights of every citizen like power to vote, access to education and they can work without any discrimination. But still they dont have wealth and are power and dont have any political powers or the decision making power.

2. If we divide the wealth and assets of the world equally among the people then stratification would soon appear after a period of time. Since there is no income some people will spend the money fast and will again become poor. Whereas some other people with smart ideas will invest their money in business and other profitable things and will again become rich whereas others will save their money for the future. Again those who become spend their money without saving them will become lower class. Those who save money for future will be middle class and those who invest their money in businesses and earn huge profits will become upper class. So the problem of stratification again emerges.

3. There are three types of multinational companies: raw material seekers, market seekers and cost minimizers. Raw material seekers are those companies whose main aim is to exploit the raw material that could be found abroad. eg International Nickel, British petroleum. Market seekers are those companies which produces and sell in foreign markets eg. IBM, cocacola. Cost minimizers are those companies which looks for cheap production sites abroad like India, Malaysia etc so to remain competitive in both home as wells as abroad. These multinational companies affect the local and the national government policies.

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