Answer :
Final answer:
Social stratification categorizes individuals based on wealth, income, education, and power, influencing their life chances and opportunities for success.
Explanation:
Social stratification is a system that categorizes individuals within a society based on factors like wealth, income, education, and power, affecting their life chances - opportunities for success in areas such as education, income, and health. Social stratification can be open or closed, with open systems allowing for movement between social layers based on individual achievement, while closed systems restrict social mobility based on ascribed status like birth.
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