Social stratification refers to the presence of distinct social groups which are ranked one above the other in terms of factors such as prestige and wealth (Haralambos & Holborn, 2004). Those who belong to a particular group or stratum will have some awareness of common interests and a common identi...

. According to Marx, there are two groups of people existing in each society. The bourgeoisie is seen as the " class of modern capitalists, owners of the means of production and employers of wage labor". The bourgeoisie is a product of a long course of development, of a series of revoluti...

The nineteenth century in England was a transitional time from feudalism to capitalism, that was characterized by a rapid increase in industry and extreme poverty among the masses. In response to these conditions, a new concept of society, called socialism, came into being. However, despite the clas...