Final answer:
Social class is based on income, education, and occupational prestige, which are part of a broader concept of social stratification.
Step-by-step explanation:
Social class is based on income, education, and occupational prestige. A class system consists of a set of people who share a similar status with regard to these factors. People in a class system have the opportunity for social mobility; they can achieve a higher education or employment level than their parents, allowing them to move between classes. Occupational prestige means that jobs are not equally valued, and certain careers like those in medicine, law, or engineering are ascribed higher status. On the other hand, social social stratification is the categorization into socioeconomic tiers based on wealth, income, race, and education.