Social stratification

300px|thumb|From William Hogarth's ''[[A Rake's Progress''. "The Young Heir Takes Possession Of The Miser's Effects".]]

group of people categorized in a hierarchy based on socioeconomic factors

position within social structure

society's categorization of its people into hierarchical groups based on socioeconomic factors

mobility to move social classes

Neo-feudalism or new feudalism is a theorized contemporary rebirth of policies of governance, economy, and public life, reminiscent of those which were present in many feudal societies. Such aspects include, but are not limited to: Unequal rights and legal protections for common people and for nobility, dominance of societies by a small and powerful elite, a lack of social mobility, and relations of lordship and serfdom between the elite and the people, where the former are rich and the latter poor.

form of social categorization

social theory relating to class, status and party