What Social Class Is Sometimes Referred to as "Old Money

question 50

Multiple Choice

What social class is sometimes referred to as "old money?"

• A) The upper-upper class.
• B) The working class.
• C) The upper-middle class.
• D) The lower-upper class.

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Definitions:

Meritocracy

A system or society wherein progress, success, and positions are achieved based on abilities and talent rather than on class privilege or wealth.

Flynn Effect

The observed substantial and long-term increase in both fluid and crystallized intelligence test scores measured in many parts of the world over the 20th century.

Generational Impact

The long-term effects and influences that one generation has on the future generations and societal structures.

Upward Mobility

The ability or opportunity for an individual or group to improve their social status, often through education or employment.