How Is Social Class the Single Most Important Variable in American Society?

Analyze if social class is the single most important variable in American society.

Mention determining a person’s social class directly based on socioeconomic criteria such as income, wealth, education, and employment. Discuss the level of prestige, power, and privileges individuals enjoy or lack in their everyday lives. How is the way of life of its members influenced by their social status? What are the types of group distinctions?