Stratification
Stratification is the distribution of a valued good in levels, or could be looked as the inequalities among individuals and groups. Weber determined that there are three levels of stratification and those include: property (economic class), prestige (status), and power (party). Property is related to control and ownership; prestige is the position that gains value determined by interactions with others; power is influence, relations, and position.
Read more about this topic: Social Conflict