Refers to the structured inequality of the entire categories of people in a society who have different access to social rewards as a result of their status in social hierarchy. In the world we live in today, it is impossible for all individuals to have equal amount of the three fundamental elements in a society namely wealth, power and prestige. Inequality in this regard comes about as a result of the possession or lack of the aforementioned elements in human society. Several elements may put one in a position of higher ranking in society. Eg ones level of education may determine the kind of job he or she manages to obtain.
Social stratification further explains to us why some persons have more of everything while others have too little of nothing. Stratification is a process of interaction or differentiation whereby some people come to rank higher than others. Social stratification is a particular form of social inequality. All societies arrange their members in terms of superiority, inferiority and equality.