Which of the Following Is a Main Result of Credentialism

question 41

Multiple Choice

Which of the following is a main result of credentialism, according to the text?

• A)Individuals become overqualified in pursuing credentials.
• B)Only people who have the required skills can get a job.
• C) Class advantage and social status become linked to having academic credentials.
• D) It produces a more competitive society.

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Definitions:

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from being personally liable for the acts of the partnership.

Business Organization

A structured commercial or entrepreneurial entity set up according to a particular legal framework to conduct business and provide goods or services.

Perfect Substitutes

Products or offerings that serve as substitutes for one another without diminishing the consumer's satisfaction.

Indifference Curves

Graphical representations in economics showing different combinations of two goods that provide equal utility or satisfaction to a consumer.