what is defined as a socioeconomic system that divides society’s members into categories ranking from high to low, based on things like wealth, race, gender, power, and prestige?

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Social stratification is defined as a socioeconomic system that divides society’s members into categories ranking from high to low, based on things like wealth, race, gender, power, and prestige.

Give a brief account on social stratification.

Social stratification can be regarded as the division of a society's individuals into groups based on socioeconomic traits including wealth, income, race, education, ethnicity, gender, employment, social position, or derived power (social and political). The relative social standing of individuals within a social group, category, location, or social unit is referred to as stratification in this meaning.

In modern Western nations, the terms upper stratum, middle stratum, and lower stratum are frequently used to denote social stratification. These terms also refer to the three social classes: the upper class, the middle class, and the lower class.Furthermore, kinship, clan, tribe, caste, or all four of these might serve as the foundations of a social strata.

In complex state-based, polycentric, or feudal societies—the latter of which is based on socioeconomic relations between classes of nobility and classes of peasants—the categorization of people by social strata manifests itself most clearly.

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