Answer:
A person's rank in society is called a social class.
Step-by-step explanation:
A social class is a set of concepts used in social and political sciences in order to organized groups of people within a society, in different hierarchies based on their socioeconomic status. A social class within social sciences is a group of people that share the same socioeconomic status based on their economic and social position within the community these people live in. The main three social classes are upper, middle and lower classes, each representing a different set of conditions and status.