| IKENNA IKE | DIFFERENT SOCIETIES HAVE DIFFERENT CRITERIA FOR DEFINING STRATIFICATION (PART 2) (@IKENNAIKE)
Different societies have different criteria for defining stratification. In the majority of countries, economic stratification is based on two factors: wealth, or the net value of one's possessions, and income, or one's salary or dividends from investments. Although social standing is frequently determined by a person's level of wealth or poverty, there are other significant considerations. People with status, for instance, are venerated more than those without in various cultures because they are appreciated. The elderly are valued in some societies, while they are derided or ignored in others. Cultural attitudes in societies frequently support stratification.