What Do Sociologists Mean When They Employ the Term Status

question 54

Multiple Choice

What do sociologists mean when they employ the term status?

• A) having a higher economic position relative to other members of society
• B) a socially defined position with a group that has certain expectations,duties,and rights
• C) the expectations,duties,and rights that come with financial security
• D) specific people who occupy socially defined positions in any given society

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Definitions:

Production Techniques

The methods and processes used by firms to produce goods or deliver services, including all aspects from initial design to final output.

Economic Loss

A situation where revenues from business activities are less than the expenses and costs associated with sustaining the business.

Price of Labor

The wage rate or compensation that employers pay workers in exchange for their labor or services.

Dollar Votes

The concept that consumers show their preferences for products and services by how they spend their money.