Stratification in society is based on‐

Social stratification means the differentiation of a given population into hierarchically superposed classes. It is manifested in the existence of upper and lower social layers.

Important Points

• Its basis and very essence consist in an unequal distribution of rights and privileges, duties and responsibilities, social values and privations, social power and influences among the members of a society."
• In most societies, stratification is an economic system, based on wealth, the net value of money and assets a person has, and income, a person’s wages or investment dividends
• Social 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).
• social stratification is the allocation of individuals and groups according to various social hierarchies of differing power, status, or prestige.

From the above information, we can conclude that stratification in society is based on Power, Property and Prestige.