In modern Western societies, social stratification typically is distinguished as three social classes : (i) the upper class, (ii) the middle class, and (iii) the lower class; in turn, each class can be subdivided into strata, e.g. the upper-stratum, the middle-stratum, and the lower stratum.ocial mobility is the movement of individuals, social groups or categories of people between the layers or strata in a stratification system.
Fair trade is a social movement whose stated goal is to help producers in developing countries achieve better trading conditions and to promote sustainability. Members of the movement advocate the payment of higher prices to exporters, as well as higher social and environmental standards.
Laissez faire, typically pronounced LAY-zay fair, was originally a French economic term meaning âallow to do,â as in: the government does not interfere in the marketplace. For example, if a product is poorly made, people won't buy it â no need for the government to step in.