Social stratificationSocial stratification refers to a society's categorization of its people into groups based on socioeconomic factors like wealth, income, race, education, ethnicity, gender, occupation, social status, or derived power (social and political). As such, stratification is the relative social position of persons within a social group, category, geographic region, or social unit. In modern Western societies, social stratification is typically defined in terms of three social classes: the upper class, the middle class, and the lower class; in turn, each class can be subdivided into the upper-stratum, the middle-stratum, and the lower stratum.
AristocracyAristocracy (, ) is a form of government that places power in the hands of a small, privileged ruling class, the aristocrats. The term derives from the αριστοκρατία (aristokratíā), meaning 'rule of the best'. At the time of the word's origins in ancient Greece, the Greeks conceived it as rule by the best-qualified citizens—and often contrasted it favorably with monarchy, rule by an individual.
Ivy LeagueThe Ivy League is an American collegiate athletic conference which comprises eight private research universities in the Northeastern United States. The conference's headquarters are located in Princeton, New Jersey. The term Ivy League is typically used beyond the sports context to refer to the eight schools as a group of elite colleges with connotations of academic excellence, selectivity in admissions, and social elitism.
Planter classThe planter class, known alternatively in the United States as the Southern aristocracy, was a racial and socioeconomic caste of pan-American society that dominated 17th and 18th century agricultural markets. The Atlantic slave trade permitted planters access to inexpensive African slave labor for the planting and harvesting of crops such as tobacco, cotton, indigo, coffee, tea, cocoa, sugarcane, sisal, oil seeds, oil palms, hemp, rubber trees, and fruits. Planters were considered part of the American gentry.