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Status symbol

 
Status Symbol

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Status symbol



 
 
A status symbol is a perceived visible, external denotation of one's social position and perceived indicator of social status
Social status

In sociology or anthropology, social status is the honor or prestige attached to one's position in society . The stratification system, which is the system of distributing rewards to the members of society, determines social status....
. Many luxury goods are often considered status symbols. Status symbol is also a sociological
Sociology

Sociology is a branch of the social sciences that uses systematic methods of Empiricism and critical theory to develop and refine a body of knowledge about human social structure and activity, sometimes with the goal of applying such knowledge to the pursuit of social welfare....
 term – as part of social and sociological symbolic interactionism
Symbolic interactionism

Symbolic interactionism is a major sociology perspective that is influential in many areas of the discipline. It is particularly important in microsociology and social psychology....
 – relating to how individuals and groups interact and interpret various cultural symbols.

is considered a status symbol will differ between countries and states, based on the states of their economic and technological development, and common status symbols will change over time.






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A status symbol is a perceived visible, external denotation of one's social position and perceived indicator of social status
Social status

In sociology or anthropology, social status is the honor or prestige attached to one's position in society . The stratification system, which is the system of distributing rewards to the members of society, determines social status....
. Many luxury goods are often considered status symbols. Status symbol is also a sociological
Sociology

Sociology is a branch of the social sciences that uses systematic methods of Empiricism and critical theory to develop and refine a body of knowledge about human social structure and activity, sometimes with the goal of applying such knowledge to the pursuit of social welfare....
 term – as part of social and sociological symbolic interactionism
Symbolic interactionism

Symbolic interactionism is a major sociology perspective that is influential in many areas of the discipline. It is particularly important in microsociology and social psychology....
 – relating to how individuals and groups interact and interpret various cultural symbols.

Status symbols by region and time

What is considered a status symbol will differ between countries and states, based on the states of their economic and technological development, and common status symbols will change over time. For example, before the invention of the printing press
Printing press

A printing press is a mechanical device for applying pressure to an inked surface resting upon a medium , thereby transferring an image. The mechanical systems involved were first assembled in Germany by the goldsmith Johannes Gutenberg around 1439, based on existing screw-presses used to press cloth, grapes etc., and possibly to print wood...
, having a large collection of book
Book

A book is a set or collection of written, printed, illustrated, or blank sheets, made of paper, parchment, or other material, usually fastened together to hinge at one side....
s would be considered a status symbol. After the advent of the printing press, having books was more common among the average citizen, and the possession of books was less of a status symbol. In the past, pearl
Pearl

A pearl is a hard, roundish object produced within the soft tissue of a living animal shelled mollusk. Just like the shell of mollusks, a pearl is made up of of calcium carbonate in minute crystalline form, which has been deposited in concentric layers....
s and jade
Jade

Jade is an ornamental stone.The term jade is applied to two different metamorphic rocks that are made up of different silicate minerals:...
 were major status symbols. Another common status symbol in the past which is still somewhat present today is heraldry
Heraldry

Heraldry is the profession, study, or art of devising, granting, and blazoning Coat of arms and ruling on questions of rank or protocol, as exercised by an officer of arms....
, or one's family name.

Status symbols also indicate the cultural values of a society. For example, in a commercial
Commerce

Commerce is a division of trade or production, costs, and pricing which deals with the Trade of goods and service from production, costs, and pricing to final consumer....
 society, having money or wealth and things that can be bought by wealth, such as cars, houses, or fine clothing, are considered status symbols. In a society that values honor or bravery, a battle scar
Scar

Scars are areas of fibrous biological tissue that replace normal skin after injury. A scar results from the biologic process of wound repair in the skin and other biological tissue of the body....
 would be more of a status symbol. The condition of one's body can be a status symbol. In times past, when workers did physical labor outdoors under the sun and often had little food, being pale and fat was a status symbol, indicating wealth and prosperity (through having enough food and not having to do manual labor). Now that workers usually do less-physical work indoors and find little time for exercise, being tanned and thin is often a status symbol in Western culture
Western culture

File:Clash of Civilizations map.pngWestern culture are terms which are used to refer to cultures of European origin. This terminology originated as a way of describing what was different about the Graeco-Roman culture and its descendants, in contrast to the older neighboring civilizations of the Middle East, which in many ways continued...
.

Examples in the United States


In American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 society, possessions perceived as status symbols include:
  • Expensive luxury cars and SUVs, yacht
    Yacht

    A yacht is a recreational boat. It designates two rather different classes of watercraft, sailing and power yachts. Yachts are differentiated from working ships mainly by their leisure purpose....
    s, and personal aircraft
    Aircraft

    An aircraft is a vehicle which is able to flight by being supported by the air, or in general, the atmosphere, of a planet. Examples include balloons, airplanes and helicopters....
    .
  • An expensive watch
    Watch

    A watch is a timepiece that is made to be worn on a person. The term now usually refers to a wristwatch, which is worn on the wrist with a strap or bracelet....
    .
  • Expensive clothes
    Clothing

    A feature of all human societies, except perhaps the most primitive, is the wearing of clothing or clothes, especially in public. The primary purpose of clothing is functional, as a protection from the weather....
    , like a tailored pinstripe wool suit
    Suit (clothing)

    The man's suit of clothes is a set of garments which are crafted from the same cloth. The word suit derives from the French language suite, meaning "following", because the trousers and waistcoat follow the jacket's cloth and colour....
    .
  • A large, expensive house
    Mansion

    A mansion is a large dwelling house. The word itself derives from the Latin word mansio In the Roman Empire, a mansio was an official stopping place on a Roman road, or via, where cities sprang up, and where the villas of provincial officials came to be placed....
    .
  • A high-paying and exclusive job on Wall Street
    Wall Street

    Wall Street is a street in lower Manhattan, New York City, New York, United States. It runs east from Broadway to South Street on the East River, through the historical center of the Financial District, Manhattan....
     with a white shoe firm
    White shoe firm

    White-shoe firm is a phrase used to describe the leading professional services firms in United States, particularly firms that have been in existence for more than a century and represent Fortune 500 companies....
     in either corporate law
    Corporate law

    Corporate law is the law of the most dominant kind of business enterprise in the modern world. Corporate law is the study of how shareholders, Board of directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm....
    , investment banking
    Investment banking

    An Investment Bank is a financial institution that deals with raising capital, trading in securities and managing corporate mergers and acquisitions....
    , or management consulting
    Management consulting

    Management consulting refers to both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement....
    .
  • Country club
    Country club

    A country club is a private club which offers a variety of recreational sports facilities, usually located in city outskirts or rural areas. Two of the most common types of facilities are tennis and golf clubs, although other sports such as polo exist as well....
     membership, especially in a large town or city in which there are a limited amount of membership slots.
  • Frequent luxury vacations, especially to foreign destinations that require extensive plane travel.
  • A marketable degree from a prestigious university, such as the Ivy League
    Ivy League

    The Ivy League is an athletic conference comprising eight private institutions of university in the Northeastern United States. The term is most commonly used to refer to those eight schools considered as a group....
     in the United States or Oxford or Cambridge in England.
  • Private education at an exclusive boarding school
    Boarding school

    A boarding school is a school where some or all pupils not only study, but also live during term time, with their fellow students and possibly teachers....
    .
  • Expensive jewelry made from precious metals.
  • Class rings with precious metals and precious gem stones.
  • Expensive gadgets
    Consumer electronics

    Consumer electronics include electronic equipment intended for everyday use. Consumer electronics are most often used in entertainment, communications and office productivity....
    , such as a large home theater
    Home cinema

    Home cinema, also called home theater, are entertainment systems that seek to reproduce movie theater quality video and audio in a private home....
    .
  • A fountain pen
    Fountain pen

    A fountain pen is a pen that contains a reservoir of water-based liquid Fountain pen inks. If it uses ink cartridges instead of having a built-in ink reservoir, it is often called cartridge pen....
     with rare Brazilian, Indian, or African woods (e.g., ebony
    Ebony

    Ebony is a general name for very dense black wood. In the strict sense it is yielded by several species in the genus Diospyros, but other heavy, black woods are sometimes also called ebony....
    , mahogany
    Mahogany

    The name mahogany is used when referring to numerous varieties of dark-colored wood, originally the wood of the species Swietenia mahagoni, known as West Indian or Cuban mahogany....
    ) or made with precious metals.
  • Platinum
    Platinum

    Platinum is a chemical element with the chemical symbol Pt and an atomic number of 78. Its name is derived from the Spanish term platina del Pinto, which is literally translated into "little silver of the Pinto River." It is in Group 10 of the periodic table of elements....
    , gold
    Gold

    Gold is a chemical element with the symbol Au and atomic number 79. It is a highly sought-after precious metal, having been used as money, as a store of value, in jewelry, in sculpture, and for ornamentation since the beginning of recorded history....
    , silver
    Silver

    Silver is a chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal....
    , and other precious metal
    Precious metal

    A precious metal is a rare metallic chemical element of high economics value. Chemically, the precious metals are less reactivity than most elements, have high lustre , are softer or more ductility, and have higher melting points than other metals....
    s in the form of bullion.
  • High-grade, natural pearls.
  • Rare jewels such as diamonds
    Diamond

    In mineralogy, diamond is the Allotropes of carbon where the carbon atoms are arranged in an isometric-hexoctahedral crystal lattice. After graphite, diamond is the second most stable form of carbon....
    .
  • Vacation homes (owned outright and non-timeshare
    Timeshare

    A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. Timeshare properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time in which they may use the property....
    ).
  • Vineyard
    Vineyard

    A vineyard is a plantation of grape-bearing vines, grown mainly for winemaking, but also raisins, table grapes and non-alcoholic grape juice. The science, practice and study of vineyard production is known as viticulture....
    s.
  • A personal steam-bath or sauna
    Sauna

    A sauna is a small room or house designed as a place to experience dry or wet heat sessions, or an establishment with one or more of these and auxiliary facilities....
    .
  • Access to private banking
    Private banking

    Private banking is a term for banking, investment and other financial services provided by banks to private individuals investing sizable assets....
     and wealth management
    Wealth management

    Wealth Management is an advanced investment advisory discipline that incorporates financial planning and specialist financial services. The key objectives are to provide high net worth individuals and families with tailored retail banking services, estate planning, legal resources, taxation advice and investment management, with the goal of s...
     services.
  • Exotic Italian leather goods, especially those made from calf, ostrich, alligator, or crocodile skin.
  • A trophy wife
    Trophy wife

    A trophy wife is commonly used to describe any wife who is considered a status symbol.The term trophy wife was coined by Julie Connelly, a senior editor of Fortune magazine, in a cover story in the issue of Aug....
     or trophy husband.


See also

  • Conspicuous consumption
    Conspicuous consumption

    Conspicuous consumption is a term used to describe the lavish spending on goods and services acquired mainly for the purpose of displaying income or wealth....
  • Social stratification
    Social stratification

    In sociology and anthropology, social stratification is the hierarchy arrangement of social classes, castes and strata within a society. While these hierarchies are not universal to all societies, they are the norm among state-level cultures ....
  • Veblen good