What is meant by the following terms/words :
(a) Varna, (b) Caste, (c) Class, (d) Unequal Distribution of Resources, (e) Social Stratification, (f) Wealth or Property.
(b) Caste : It is a social grouping based on birth. It entails hierachy, hereditary occupation and restrinction on intermarriage and interdining between one caste and another.
(c) Class : This refers to individuals who share economic resources and its allied advantages.
(d) Unequal Distribution of Resources : Every society has unequal distribution of resources—wealth or property, power and prestige among its members. It is called unequal distribution of resource.
(e) Social Stratification : Division of society into various strata is social stratification. It refers to the division of population into strata, one on top of another.
(f) Wealth or Property : It is the value of a person's family total economic assets, including
(i) income, (ii) personal property and (iii) income-generating property.